Word: grows
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Dates: during 1970-1979
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Barring any unforeseen problems, the Air Force's initial $418 million order for 15 preproduction YF-16s will grow into a $4.3 billion purchase of 650 planes at first, and perhaps another 400 planes later on. Although the Navy is looking closely at the Northrop jet, it too may decide to purchase a carrier version of the YF-16. Meanwhile, a consortium of four NATO allies-Belgium, The Netherlands, Norway and Denmark-is approaching a decision on whether to buy 350 of the planes. In the end, orders could total as many as 3,000 planes worth $15 billion...
Long live the great tradition of basketball. Lots of young, all-American boys grow up under the influence of Bill Russell's defense or Oscar's offense. Lots of girls...
...laws, now only slightly more stringent than West Germany's, could grow tougher, whatever economic experts may recommend. Some legislators are sure to offer new restrictions this year. Meanwhile, a law enacted by Congress last year requires a new, comprehensive Government survey of foreign ownership in American enterprises. In response, the Treasury Department has ordered a study that may lead to further federal regulations. The Government could even try to use the hypothetical power of expropriation. Similar action was taken on trading-with-the-enemy grounds against some German companies during World War II. Nowadays, the Supreme Court would...
...trend toward bigness made sense when it began in the mid-1960s. To accommodate the financial needs of a rapidly enlarging economy, banks had to grow-and were encouraged by Government regulators to do so. And bankers did not have to have their arms twisted to take full advantage of a profitable situation. Mayer's concern is about the way banks have sought to fuel their growth by boosting income on loans. In the past, he explains, banks drew mostly on the money of their depositors or on bank investments in notes and bonds to accommodate borrowers. When their...
Mayer argues that a Government crackdown now would be far less risky than accepting the present situation. "The banking structure that is now building can collapse," he warns flatly. "The larger the regulatory apparatus permits it to grow, the more catastrophic the collapse will be." Should it occur, neither the public nor the men who supervise the nation's banks will be able to say that they have not been warned...