Word: financee
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Dates: during 1960-1969
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Almost $3 billion in bonds that would have financed public construction-including a new school for Hondo and a modern hospital for Iron County-have proved totally unmarketable. Probably a much greater total of bonds has not been scheduled for sale because local officials fear that they would find no...
The Government has spent $450 million so far on feasibility and design studies. Nixon's proposal would commit the Government to invest another $1.3 billion to build two prototypes. After that, Boeing and its suppliers are expected to finance the early production costs, which will bring the overall total...
The immediate cause of this chaos is the congressional drive to close tax loopholes. Interest paid on municipal bonds has always been exempt from federal income tax, but the reform bill that the House passed in August would make such interest partially taxable for many individual investors. Banks, which normally...
Price Police. In the wake of his 121% devaluation of the franc, Pompidou launched an austerity program that featured a freeze on most prices. Despite the efforts of the Finance Ministry's "price police" - an army of footsore men in serge suits who carry large account books and check...
The committee also suggests that the Institute finance Faculty research in Afro-American affairs and publish a periodical dealing with such research.