Word: feds
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Dates: during 1980-1989
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After another strong defensive showing in the third quarter in which neither team could score, the Crimson headed into the final period with a one goal advantage. Freshman Mickey Cavouti, a converted midfielder, fed junior attackman Steve Lux two minutes into the quarter to give the Crimson a 4-2 edge. Another Post goal returned the margin to one. Bentley, a sophomore defenseman, then scored the Crimson's final goal, all the defense would need to preserve the victory...
...Wolfensohn investment firm. Volcker picked Princeton because the school emphasizes broad economic issues. Wolfensohn's allure: the firm is small enough to let Volcker have a major influence, and the job is expected to pay more than $1 million a year. Volcker's annual salary as head of the Fed...
...controversy swirled around the alleged pressure on the Fed, Baker kept quiet. Privately, though, Administration aides were appalled that the issue had flared up. Whether or not Baker agreed with Darby's views, the Secretary apparently had not authorized the economist's letter and was annoyed at the ham-fisted effort to influence the Fed. Baker reportedly told Darby that he was out of line...
Before Congress, Greenspan admitted that the Fed had recently eased its policy and allowed interest rates to fall a bit. But he explained that it was concern about the sluggish economic outlook, not political pressure, that had spurred the Fed. That concern faded slightly in the wake of somewhat encouraging economic statistics. The Department of Commerce reported last week that the gross national product grew at a real annual rate of 4.5% during the fourth quarter of 1987, a somewhat higher figure than the previous estimate of 4.2%. Though Greenspan expects growth to slow down this year, he sees...
Frequent- flyer plans threaten a vulnerable airline industry. -- The Fed may be facing political pressures. -- Welcome to "hell camp...