Word: expanding
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Dates: during 1980-1989
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...news from Capitol Hill was good for the major financial institutions. In a separate action, the House panel voted to close a legal loophole that has allowed banks to expand across state lines by setting up so- called limited-service branches. Such facilities either make commercial loans or accept deposits, but not both. Thus they evade statutes that bar interstate banking...
Advertising has been particularly important to ambitious interstate giants of McLawyering like Jacoby & Meyers (140 offices in six states) and Hyatt Legal Services (161 in 20 states and the District of Columbia). Both are planning to expand, and will look with new interest at the many states, like Ohio, where restrictive ad policies may now be in jeopardy. Says Legal Entrepreneur Joel Hyatt, 34: "Because of the new decision, we are likely to be bolder on that score...
Through the purchase and sale of Treasury bonds, bills, and notes, he holds the reins on the nation's money supply; by setting the Fed's discount rate, he determines the prevailing lending rates which often dictate whether businesses can expand or families can afford to buy homes...
...tactics, De Benedetti has sought strategic allies in the biggest computer market of them all, the U.S. In December 1983, Olivetti and American Telephone & Telegraph announced that the U.S. giant would put up $260 million to buy 25% of Olivetti, with an option to expand its share up to 40%. De Benedetti considers the agreement "a brilliant alliance," formidable enough to take...
...Tokyo and Osaka last week, train and subway riders were confronted by 100,000 pictures of Prime Minister Yasuhiro Nakasone on posters bearing an unusual message: LET US TAKE IT UPON OURSELVES TO USE FOREIGN PRODUCTS AND EXPAND IMPORTS FROM OTHER COUNTRIES. The signs are part of a $600,000 campaign by the Japanese government to follow up Nakasone's April 9 television speech, in which he urged the public to help reduce a $46 billion annual trade surplus, most of it run up with...