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Iran's repayment to the Ex-Im Bank will be a boost to that federal agency, which makes loans and loan guarantees for the purchase of American exports with the aim of stimulating U.S. business and creating jobs. The bank has been coming under attack by budget cutters in the Reagan Administration. The $420 million payback will reduce the agency's need to borrow in the credit markets and thus may slightly ease pressure on U.S. interest rates. In addition, the settlement improves the agency's image by paring down its roster of deadbeats. Revolutions like Iran...
...toughs, challenges a rival gang boss to one-on-one combat and just barely lives to tell the tale. Berkoffs twist: Mike and every other character speak in iambic pentameter. Will the rival boss kick Mike in the crown? "Balls! Were he Al Capone I'd pluck 'im down...
Sophomore individual medley specialist Dave Barnes came up a little short for the second year in a row, dropping the 200 meter IM (on the 25 meter short course) to Princeton senior Mile Smith, Barnes, an All-American in the 400 yard IM, finished in 2:04.3, edging senior teammate Tom Verdin by 4 seconds...
Senior Tom Verdin filled Chappell's spot as anchor on the opening 400 medely relay sealing a Crimson win in 3:28.81. The Leverest House resident came back in the 200 IM to grab individual win with a 1:56.33 clocking...
...Nassau, Whitaker wired the pictures to London, through New York City Editors who saw them im New York, he marvels, made offers totaling £150,000. The huge figure is believable. Picture agency editors are more secretive than nerve-gas manufacturers, but the rumor is that one big European weekly paid $35,000 for one of the bikini shots. Less sensational photos of Diana might bring anything from a few hundred to a few thousand dollars, depending on the exclusivity and news value of a commodity that fluctuates like pork bellies. A top freelancer, among the dozen or so covering...