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...became chairman of the Liberal Party and, in 1977, Begin's Finance Minister, since the Liberals were the second largest element in the victorious Likud bloc. Ehrlich took the credit, then the blame, for the government's "economic revolution," which led to Israel's chronic triple-digit inflation. He resigned the finance portfolio in 1979 and became Deputy Prime Minister, joining Begin in opposing hard-lining Ariel Sharon and helping to hold together a Cabinet divided over last year's invasion of Lebanon...
...investment firm A.G. Becker Paribas gave their vote of confidence to Volcker, with Alan Greenspan a distant second at 5.8%. Monetarist Milton Friedman got only 5.5%, Treasury Under Secretary Sprinkel 2.5%, and Fed Vice Chairman Martin less than 1%. More than half the executives fear a return to double-digit inflation if Volcker is replaced. So bullish is Wall Street on Volcker that Charles M. Lewis, vice president of Shearson/American Express, predicts that "the day the reappointment is announced will see the Dow rise 35 points. Nobody ever made more money in the market than they made under Volcker...
Since that game the Crimson has blown out all but one of its GBL opponents by double-digit margins. And yesterday in Kingston, the batmen displayed some of their hitting prowess...
...cheapest beeper to hit the market so far is Tandy Corp.'s $99.95 pocket pager. Smaller than a cigarette package, the pager can be activated merely by dialing a seven-digit number on an ordinary telephone. Like all beepers, it carries a monthly rental fee. Depending on the area, the cost will be about $4 to $8 a month, paid to the common carrier that transmits the signals; some carriers add a surcharge of 20? or so per beep. The pager was introduced in the Dallas-Fort Worth area last month, and should be available nationwide...
What seems to have contributed most to the spiraling costs was the double-digit inflation changes of that the got past out of couple hand of after the design was approved in November 1980. Instead of after the design was approved in November 1980. Instead of a simple concrete floor, for example, the architect, London's Foster Associates, suggested an opaque glass central plaza under the building that would glow, as Munden puts it, "like a carpet of light." The bank's directors also showed interest in a giant, mirrored sun scoop to funnel sunshine into the building...