Word: ifs
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Dates: during 1970-1979
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What investors must also be alert to is the old saw that when the little guy starts buying, the smart money is already pulling out. Says Walter Perschke, president of Numisco, a Chicago gold brokerage house: "Everyone wants to get into the gold boat. What they do not realize is...
The new look at Chrysler was in part a tactic to win greater sympathy for the automaker in its drive to get as much as $1.2 billion in federal loan guarantees. The company needs an infusion of funds by year's end in order to launch work on its...
As Chrysler continued to proclaim in press conferences and full-page newspaper ads the disaster that would sweep the nation and the auto industry if the U.S.'s tenth largest industrial corporation went bankrupt, the consequences of a Chrysler failure came under closer scrutiny. Some 200,000 U.S. firms...
The Fed's latest discount rate increase prompted a rare rebellion among its seven governors. Three of them opposed the move, saying it would seriously worsen the slowdown in the economy. There are signs that the recession will be deeper and longer than was predicted only three months ago...
Hardest hit by the millers' walkout are the farmers in North Dakota, who ship more than 50% of their grain through Duluth. But farmers in South Dakota, Minnesota and Iowa are also affected. Lost sales are costing North Dakota farmers between $1 million and $4 million a day, and...