Word: funds
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Dates: during 1980-1989
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City and University officials recently celebrated the first use of a Harvard loan fund to support low-income housing, marking and unusual collaboration between the University, low-income tenants and Cambridge...
Stark need and the Communist insurgency have given Aquino a severe challenge on two fronts: achieving both economic recovery and political stability. Economically, Aquino has fought back with, among other things, an adjustment program negotiated last October with the International Monetary Fund. The IMF promised to lend the Philippines roughly $330 million while insisting on limitations to monetary growth and fiscal restraint along with basic changes in the country's protectionist economy...
...banks, mutual funds and other institutions that manage IRAs, the challenge last week was to tell customers the difference between the new and old rules -- and to promote new clients. Fidelity Investments, an $80 billion Boston-based mutual-fund group, gave its round-the-clock crew of telephone operators special training in how to explain the new tax code to would-be investors. Citibank (1986 revenues: $144.8 billion) programmed computer terminals in 200 branches to answer questions about IRAs and responded to thousands of queries...
...traditional front runner. Aside from the Colorado delegation, Hart's avowed congressional supporters could caucus under the same umbrella. Old-line party financiers who actively supported Walter Mondale in 1984 find Hart's diffident style difficult to accept. "Hart I can't see," says a prominent Southern fund raiser. "If I don't know who he is, I don't know how he can win." Labor leaders, who remember Hart's blistering attacks on Mondale's ties to special interests, are equally skittish. As Don McKee, a leading Iowa union official, puts it, "The name Hart doesn't come...
...from his last campaign. Hart still owes creditors $1.3 million from 1984, and campaign laws allow him to separate this leftover red ink from his political coffers for 1988. But the lingering 1984 debt remains an annoying distraction. U.S. marshals made surprise raids on two Los Angeles-area Hart fund raisers last week, seizing the receipts on behalf of a small ad agency that is owed $165,900 from 1984. Hart's aides insist, with seeming validity, that 1988 campaign funds cannot be garnisheed. At week's end, however, the money remained in the marshals' custody...