Word: firming
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Dates: during 1950-1959
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...McClellan to warn against writing hasty legislation on the floor, an old Senate bugaboo. And he got Jack Kennedy to promise to schedule three additional weeks of labor hearings, with the extra promise that additional labor-regulation bills will hit the floor by mid-June. The Johnson coalition held firm, voted down Knowland's amendments, but Knowland had won a victory for labor regulation by guaranteeing that the Senate will have to go on record this session on harder-hitting bills than a routine pension and welfare bill...
Dodger Fan. The very thought of the cribbed, cabined and confined spaces of Ebbets Field has long filled O'Malley with horror. As far back as 1947, when he was still only a minority stockholder, he ordered an engineering firm to design a new stadium with a revolutionary dome that would end the losing phenomenon of the rained-out game. "It was treated facetiously by the press," recalls O'Malley ruefully. "But why should we treat baseball fans like cattle? I came to the conclusion years ago that we in baseball were losing our audience and weren...
...Even an O'Malley-written builders' guide was a financial flop. But after he decided to concentrate on the law, Walter progressed rapidly from wills and deeds to more complicated jobs-the resuscitation of hard-hit bond and mortgage companies. Soon he was senior partner in a firm of 20 lawyers, and he took on the habit of chain-smoking his cigars. He learned to take two solemn puffs before he ever answered a question, particularly questions he was tempted to answer...
...result of the cost squeeze, says one New York banker, "there has been no lending at all in New York below the 4% prime rate so far. And there are very few exceptions out of town. The loan ratios are high in all categories, and sentiment is firm against lowering the prime rate...
They first met when they joined the Manhattan law firm of Phillips & Nizer (now Phillips, Nizer, Benjamin & Krim). Benjamin had worked his way through the College of the City of New York and Fordham Law School; Krim was a Columbia Phi Beta Kappa and editor in chief of the Columbia Law Review. They specialized in accounts in the entertainment field, became so well known that in 1951 United Artists came to Krim for help...