Word: float
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Dates: during 1960-1969
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Trailing out from the back bottom under of the plane, see-big catfish-looking bombs float out. Now-pop. See. There they go. Watch them explode. He presses the detonator-by-remote-control button...
...assistant to the president and became chief executive in 1960. The company then was taking in revenue of $75 million annually, primarily from arranging tours and selling traveler's checks, but these activities contributed little directly to net income. Most of that came from investing the "float" of money paid for traveler's checks that had not been cashed. Clark saw that the traveler's-check business, in effect, was a license to print money. Investing the float, which now bulges to $750 million, gave Amexco experience that would be useful in running other financial services. Clark...
...seemed as if the city had gotten smaller or I had gotten bigger." The whole idea of scale started him thinking about monuments, and so he drew them. Not monuments in the usual sense of statues or obelisks, they were things that attain monumentality through constant use: a toilet float that rises and falls with the tide on the Thames River in London, a gigantic pair of scissors to replace the Washington Monument in Washington, D.C., a huge windshield wiper for Grant Park in Chicago, a melting Good Humor bar to replace the Pan Am Building in New York...
...dropped, and interest rates on outstanding bonds rose from an average of 4.85% in December to 6.37% in September. Laws in several states, notably Pennsylvania, Michigan, Florida and California, forbid payment of that much interest on new bonds. Those states, and their local-government units, have been unable to float new issues. Last week local governments failed to sell $142 million in public housing bonds paying 6% interest -even though they were backed by the credit of the Federal Government. Proceeds from the bonds were intended to complete several public-housing projects...
...Millions visiting Canada's Expo 67 thought they saw the world's most beautiful subway. Now there is a challenger. Who is the builder, and how does he make his subway "float" in an almost liquid subsoil? (See BUSINESS...