Word: feds
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Dates: during 1970-1979
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Aside from the witty lines he fed Mor ley, Screenwriter Peter Stone has concoct ed a script strewn with terrible puns ("Ban the bombe") and snickering double-entendre gags that make all the tired connections between food and sex. The arbitrary plot about a chef murderer hops from place to place on the slightest whim. It is little more than an excuse for cameo appearances by top European actors (Philippe Noiret, Jean-Pierre Cassel, Jean Rochefort) and restaurants (Paris' Tour d' Argent, London's Café Royal). The settings are sumptuously photographed by John Alcott (Barry Lyndon...
...past month the board has let the rate for Fed funds, uncommitted reserves that banks lend each other, rise from 8⅜% to 8¾%. The Fed funds rate serves as a floor for most other short-term rates. Then last week the board increased the discount rate, the interest charged by the board for loans to member banks, from 8% to 8½%, the highest level ever. A key motive for the Federal Reserve's money moves has been to halt a sharp and inflationary increase in the money supply. Also, the Fed is trying to forestall further...
...that borrowing costs are at or near their peaks. Henry Kaufman, a top money analyst at Salomon Brothers, believes the prime rate could be as high as 12% in 1979. Economist Allen Sinai of Data Resources, Inc., figures on a recession if the prime rate reaches 11% and the Fed funds rate...
...Neumaier in 1974 founded a Japanese subsidiary and spent $500,000 in a futile search for contracts. Says he: "We wouldn't have stayed all this time if we hadn't been encouraged by government bureaucrats who said, 'Be patient, you'll eventually succeed.' " Fed up with meaningless reassurances, Neumaier braced Hiroo Takizawa, the MITI environmental guidance director. Takizawa conceded that Japan intended to protect its own. Said he: "The Japanese government believes that it is very important to nourish Japan's knowledge and technology industries and has been trying to develop...
...Nelson started the scoring play with a cross to junior Dave Eaton. Eaton shot, collected his own rebound, and fed quickly to freshman Mauro Keller-Sarmiento, who drilled it past the fallen netminder. Harvard continued its ferocious attack, but the first half ended with the score...