Word: garver
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Dates: during 1970-1979
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...They face a tremendous competitive disadvantage and a sharp outflow of funds because the Federal Reserve's Regulation Q prohibits them from paying more than 5½% on passbook savings. A bill before the Senate would slowly phase out the interest rate ceilings by 1990. Meanwhile, says Robert Garver, president of Boston's Charlestown Savings Bank: "The money market funds are killing...
...saying what I want to say through a car." A student of transcendental meditation, he describes the car as his mantra: a means to self-knowledge through prolonged application of craft to an unreal problem. It represents a process, not a solution. "Potts," says Art Critic Thomas Garver, in the catalogue introducing the car, "regards the true work of art to be the artist himself. The car is not a public object but a building way to probe more deeply into himself...