Word: expectance
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Dates: during 1970-1979
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...hoped I was leaving anti-gay paranoia behind me when I moved from my intensely conservative and moralistic home town to liberal, enlightened Harvard. But with a cynicism about Harvard one would be more likely to expect from a jaded senior, I asked my journal just before freshman week, "Did I graduate into a more mature world, or just a smarter...
...lunch, sipped juice and coffee while the five other participants-Begin, Dayan, Deputy Premier Yigael Yadin, Sadat Aide Hassan Kamel and Egyptian Socialist Liberal Party Leader Mustafa Kamel Murad-ate heartily. Once pleasantries were over, Dayan was the first to talk about substance: "Let's hear what you expect from...
...such events can be dangerous. The anchorpersons played their roles discreetly enough this time, but suppose, say, that ABC had dispatched Howard Cosell to interview Sadat at a delicate moment ("Now, Mr. President, in your fortuitous peregrinations . . .") or that CBS had sent the prosecutorial Mike Wallace ("Do you really expect us to believe . . ."). Television has a hazardous appetite for the dramatic, a way of demanding more and more, of propelling events with its own requirements for momentum. It can also, quite simply, falsify reality. Indeed it has frequently done so; film editors go for the fast and turbulent scene, even...
...call Yankee bonds to Americans. According to Morgan Guaranty Trust Co., the total ofj public foreign-bond borrowings in the U.S.-mostly by governments -jumped from less than $500 million in 1973 to $4.5 billion in 1976. This year it will top $5 billion, and many Wall Street bankers expect even that figure to triple within another five years...
...smaller institutions, and there is talk of offering them to individuals as well. That effort might face another obstacle: memories of the 1930s, when an earlier wave of foreign-bond borrowings in the U.S. ended in massive defaults, and many of the bonds became worthless wallpaper. Still, few experts expect that to happen again-and, anyway, an interest premium is an interest premium...