Word: got
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Dates: during 1970-1979
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Long before he began work on this week's cover story on G. William Miller, George Taber, our Washington economic correspondent, had collected some intriguing gossip and opinion about the unbankerly new Federal Reserve Board chief. Most of it squared with the impression that Taber had got during his first meeting with Miller, just after he took office in March. "It was disarming," he recalls. "He was running around the solemn corridors of the Fed with his coat off, tossing out ideas on fighting inflation and otherwise behaving unlike the typical wary central banker...
...Egyptians feel is a hard line by Begin, Sadat has revised his timetable for peace. Says one of Sadat's top advisers: "We're now thinking in terms of a much longer time span. This will not be the year for peace. So we've got to explore a new route...
...invasion of Zaïre from Angolan bases would raise charges that Havana and Luanda were abetting the violation of international borders and might also provoke a Western intervention to prop up Mobutu. Both those fears came true. Neto may be bolting the border after the Katangese have already got out, but at least, he hopes, this time the exiles will stay at home for a while...
DIED. William Fisk Harrah, 66, founder of two of Nevada's largest casinos, who built a fortune by stressing that nothing in the management of gambling be left to chance; after an operation for an aortal aneurysm; in Rochester, Minn. Harrah got his start in the 1930s by buying his father's failing bingo parlor in Venice, Calif., for $500; ever after, he catered to the small-time player. At both his Reno and Lake Tahoe gaming resorts, Harrah used computers to track daily profits and detect betting-table swindles. He also hired guards to watch for cheaters...
Unfortunately, the anti-inflationary policy has got off to a stumbling start. In the first regulatory battle, over a proposal by the Occupational Safety and Health Administration to lower the level of cotton dust in mills?a proposal Carter's economic advisers considered too costly?the President gave in to the regulators. The Administration has won a few mostly symbolic pledges from some steel, aluminum-and automakers to limit price rises and executive salary increases. More dangerously, labor has refused to promise wage restraint. Meany calls Bosworth, a prune pleader for a wage hold-down, "that skinny redheaded...