Word: decisional
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Dates: during 1970-1979
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Steven Sayers, a law student and member of the committee, said yesterday the committee has gathered 550 signatures on a petition protesting the placement office's decision to allow the Navy interviewers on campus.
Bernardi announced the decision Tuesday. Sayers said its timing had prevented organization of any protest beyond a boycott, and that the main purpose of calling for a boycott was to educate law students about the Navy's policies.
> A policy decision that henceforth the Federal Reserve will no longer concern itself with trying to manipulate interest rates, its traditional device for controlling the growth of money, and will just stop creating so many dollars instead. The Fed regulates the level of money in the economy by buying or...
The first two items?an increase in the discount rate and the setting up of reserve requirements for offshore bank borrowings?went through smoothly enough, but the third presented a procedural problem. As a revolutionary change in Fed operations, the plan to focus day-to-day attention on actual money...
Even before the opening bell rang, the traders, specialists, clerks and messengers who work on the floor of the New York Stock Exchange sensed that Wednesday would not be an ordinary day. The Federal Reserve Board's decision to raise the prime rate had already rocked the stock market...