Word: heinbach
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...staggering interest rates. Three years ago, it seldom cost more than 1 11% to finance a new car. Today carrying charges run to 18% lacocca told Reagan Administration officials three weeks ago that the industry would continue to be depressed until interest rates dropped to around 15%. Says Harvey Heinbach, a Merrill Lynch auto analyst: "The consumer doesn't want to commit himself to four years of those high car payments when he is uncertain of the outlook for business, for inflation...
...only other Crimson quarterfinal bout, 126-pounder Andy McNerney came up short in a 12-11 loss to Dough Heinbach. This loss, McNerney's second of the weekend, coupled with a previous loss to third-place finisher San Salvador Edwards of Cornell, eliminated the Crimson standout from the competition. Edwards and teammate Gene Nighman led Cornell to an eighth-place finish, tops for the Ivies...
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