Word: demand
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Dates: during 1980-1989
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...scary," said Philip Verleger Jr., a Washington-based energy analyst. "If it's left up to the Saudis alone, prices could drop to $5 to $10 per bbl. if they make no effort to keep their production in check." For Yamani, the crunch could come in the spring, when demand traditionally slackens. If no production agreement is reached by then, $20 per bbl. could seem like a high price...
...rules have not stopped the interstate spread of financial institutions that function very much as real banks do. These companies have been able to circumvent the law because they do not fit the legal definition of a bank: an institution that takes deposits that can be withdrawn on demand and makes commercial loans. Known as "nonbank banks," the newcomers generally take deposits or make loans, but do not do both. About 80 of these limited-service banks have sprung up across...
Whether the reforms stand a chance of becoming law, however, remains highly problematical. Brown, who supports the recommendations, is uncertain that voters are yet sufficiently riled by the current system to demand a new one. "It's an insiders' issue," he says. "There's no momentum building at the moment." Indeed, California voters have indicated considerable resistance to public financing; Republican Governor George Deukmejian has vetoed such measures. The commission evidently had some doubt that its report would lead to immediate change. It projected $50 million in campaign spending for state legislative races in next fall's election...
However, the enrollment in the AMP has not changed from its standard 400 in many years, making the demand for executive education programs outweigh the supply. Despite the increasing interest, Wiltsey says that the school manages to limit the number of applicants to any specific session. "We in various subtle ways manage the pool of applicants," he says. "The worst thing that could happen to us is to have the same kind of chaos in the application process as Harvard College," he says, because the school is dealing with companies who might not send executives to them again if their...
...what is lost or. those who demand immediate change is that Harvard--for all its 350 years of imagined immortality--does change. Not overnight, not in a day, not in a year...