Word: depositing
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Dates: during 1990-1999
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...fund trade group. "Managers need time to plot their investment strategies." The steep growth of mutual funds, which reached a record value of $1.7 trillion last year (see chart), began in earnest in 1989. As interest rates began dropping, profit-hungry investors moved away from low yielding certificates of deposit and treasury bonds to where the action is. Most of the enormous outflow wound up in professionally managed pools of securities, where annual returns of 25% or more are not uncommon...
Once the participants entered the Union's Parlor B, no talking was allowed. Students rotated around seven stations, where they had to deposit a paycheck, report a crime, make travel arrangements and convey other complex information--all by means other than speech...
...East Wing hand-off was, if anything, more graceful than the transfer of power in the West Wing. Barbara Bush is intent on turning over the White House in get-back-the-security-deposit condition. After embracing the new tenant, Mrs. Bush pointed out the idiosyncrasies of the property, including the press corps that comes free with the four-year lease. "Avoid this crowd like the plague," she said. "And if they quote you, make damn sure they heard you." Replied Mrs. Clinton: "I know that feeling already...
Several administrations have had economic coordinating offices. Some were workable power centers; others were abject failures. By all accounts, the best was President Ford's Economic Policy Board. "Ours worked for two reasons," says William Seidman, the former Federal Deposit Insurance Corporation chairman who ran the board. "First, Ford insisted that no decisions be made until they passed through the board's processes, which kept end runs to a minimum. Second, ((Treasury Secretary)) Bill Simon wasn't interested in running the day-to-day operation. He forcefully presented Treasury's view but never pulled rank. He was satisfied...
According to police, Williams allegedly approached the first student on the street, presenting him with a forged check for $800. Williams said he did not have an account at the bank, and asked the student to deposit the check in his own account, requesting $200. Williams then allegedly told the student he could keep the remaining...