Word: depositer
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There are many other reasons for a rally. Interest rates are falling-and will continue to drop-because of the new ease in the Federal Reserve's monetary policy and a decline in borrowing by corporations as the recession deepens. With bank certificates of deposit paying only 6¾% interest and bond rates going soft, investors are turning back to stocks, which, at today's depressed prices, offer both attractive dividends and prospects for hefty capital gains when the economy finally picks up. Beyond IBM, last week's great gainers were the high-yield or interest-sensitive...
...observed that the average Arab oil country makes more in a single day than his family does in a year. 73. Jay Gould, robber baron. 74. Al Capone, gangster. 75. Fear itself; between 14 and 17 million. 76. Hoover, in 1928. 77. The Federal Reserve System. 78. The Federal Deposit Insurance Corporation, the Securities Exchange Commission, and the Federal Reserve System. 79. The company was cited in oil scandals, and stock became worthless within months of Veblen's investment. 80. Nixon. 81. Earl Butz. 82. Walter Heller, former chairman of the President's Council of Economic Advisors. 83. Time. Other...
...less stringent controls affect banking and hydroelectric power. Hydroelectric plants may be developed only by American citizens or corporations. Such companies, if incorporated in the U.S., can be owned by foreigners, however. Foreign-bank subsidiaries in the U.S. are denied membership in the Federal Reserve System and the Federal Deposit Insurance Corporation. Banks incorporated in the U.S., though, can join both federal programs even if they are foreign-owned...
Sixty million are dogs perhaps? They deposit 4 million tons of feces daily, do they? That comes to 133 Ibs. per day per dog. My 10-lb. poodle therefore is a more effective defecator than I had imagined in my wildest dreams...
Oregon opted for the tough approach and is concentrating on clearing away the empty beverage containers that account for up to 75% of the volume of roadside litter. The effort began in 1971 when the state legislature banned pop-top cans and no-deposit, no-return bottles. Oregonians now must pay a 2? to 5? deposit on containers. The idea was to create an incentive for returning empties or, if they were thrown out anyway, to turn one person's heed less discard into another's petty cash...