Word: holdings
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Dates: during 1970-1979
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...knew Brown would be super psyched, and we had to hold them for the first 20 minutes," Scalise said. "Then when they didn't score off the psych, it was a letdown...
...coming winter, the priests were stunned to discover that their heating-oil bill for 1979 will make even the $12,000 they paid last year look like a bargain. To cut costs, they plan to close off the 1,100-seat main sanctuary during the cold months and hold services in the church chapel and chapel hall, which together can accommodate only 500 worshipers. Explains one priest: "It is simply a question of 45 gal. an hour to heat the big church against 6 gal. for the chapel...
...length and depth of this slump will be largely determined by monetary policy. In the eight weeks since Paul Volcker took over as Federal Reserve chairman, businessmen's basic cost of borrowing money has jumped from 11.75% to 13.5%, the highest in history. Most board members hold that the increases will soon stop but interest rates will remain steep over the next year. Some fear that the Fed may worsen the recession by inducing a classic credit crunch, in which little money is available for borrowing to finance new plants and create jobs...
...Chrysler as a symptom. We are the classic microcosm of everything that is wrong with the U.S. You can list the problems. Energy? That's what cripples us. Inflation at 13%? Hold it, mine's higher than that because petrochemicals and lead are up more. Productivity? I'm glad you asked-we ain't got none. Sometimes when I wake up, I think of what I'm doing. Yeah, I'm trying to save a company but I never invent anything any more. I never create a job. Everything I do is to meet...
...April 1970-before the U.S. invaded the North Vietnamese sanctuaries in Cambodia-he proposed that Cambodia's neutrality be guaranteed and that an international conference on the subject be convened. North Viet Nam's representative, Le Duc Tho, bluntly spurned the proposal, claiming that Hanoi expected to hold sway over all of Indochina some...