Word: deal
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Dates: during 1960-1969
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Fulp, who previously worked at two large banks in Boston, is well-acquainted with the policies of commercial banks. As he explained it, the unfair deal ghetto residents constantly receive works the following way: a man who may hope to purchase a car finds that he can only do so by paying exorbitant interest to a finance company. He borrows the money, buys the car, naturally finds it impossible to keep up with the payments and within a short period of time loses both his car and the possibility of obtaining future financial credit. Then there is a real reason...
...proposed vote would deal only with ROTC's special privelege of course credit, not with its presence on campus...
...Nixon disagree significantly on the longer-term issues of defense spending, disarmament and the draft. Nixon wants to invest more in missiles to increase the U.S.'s narrowing lead over the Soviets, while Humphrey emphasizes that one of his chief concerns would be to close a disarmament deal with Moscow. Nixon favors spending $3 billion or more to build a professional army that would do away with the need for a peacetime draft. Humphrey is for a lottery draft...
...latest step in that direction is a proposed merger with New York-based St. Regis Paper Co., a deal that has already brought RCA plenty of static from Wall Street analysts. The get-together, involving $630 million in RCA stock, was negotiated by Bob Sarnoff and St. Regis' longtime chairman, Roy K. Ferguson, 74, but still must be approved by directors and shareholders of both companies. If it goes through, the acquisition of the $721.7 million-a-year paper company would put RCA, the 27th largest U.S. firm, as recently as four years ago, within striking distance...
More Positives. Wall Street has denied Sarnoff high marks for the St. Regis deal for the simple reason that the paper company has not been growing as fast as RCA has. A stodgily managed firm in a cyclical industry, St. Regis earned $30.3 million last year, a 22% decline from the year before, but has managed to improve profits slightly so far in 1968. Although RCA stock dropped sharply following the merger announcement, Sarnoff insisted that "it's an excellent deal. The positives far outnumber the negatives...