Word: feds
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Dates: during 1980-1989
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...wrong," said Fernando R. Laguarda '88. "We deserve to be fed after four years of loyalty and good behavior. They're under the impression that the seniors won't take advantage...
...four dogs and some goldfish are among the co-op's pets today. Three iguanas, fed on lettuce and Alpo, inhabited the basement for a while, and somebody had an alligator named Miles, which ate cockroaches. The cockroach population is legendary. One alumnus told of an entymologist from the Museum of Comparative Zoology who once visited the house because it had the rare distinction of harboring three different species of cockroaches...
...Commerce: "Small investors have been unimpressed by the incremental steps ((toward reform)) taken thus far." Wisconsin's William Proxmire, chairman of the Senate Banking Committee, has introduced legislation that would impose ^ many of the Brady group's recommendations, including tighter margins and joint supervision of futures markets by the Fed, CFTC...
...crucial question is how high the Fed will let interest rates go in its effort to slow the economy and ward off inflation. The answer will have immense political as well as economic ramifications. In this presidential election year, the Republicans will jawbone the Fed, which now consists solely of Reagan appointees, to keep a lid on interest rates, while the Democrats will watch intently for any signs of partisan policymaking...
Defending the dollar and restraining inflation will take resolve and courage on the part of the Fed, especially in an election year. But Greenspan can probably muster the necessary determination if he thinks back to the early 1980s, when inflation got completely out of control and it took 20% interest rates to halt the price spiral. No one -- Republican or Democrat -- wants to experience a repeat of that episode...