Word: interest
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Dates: during 1970-1979
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...Interest...
Wilcox said yesterday that a group of students had expressed an interest in having such a course offered on Hispanic development. "Everyone always tells such student groups to go out and find someone who can teach it," he said, adding that the group chose Lopez, who agreed to teach the course...
Last week savers got a powerful lift, and so did the cause of capital formation, when President Carter called for a phasing out of interest rate ceilings. This deregulation would have the additional effect of eliminating the differential between commercial banks and savings institutions. The President also recommended that all federally chartered banks be authorized to offer interest-bearing checking accounts. To offset some of the cost of the higher rates for the savings bankers, who lend out their money at long-term fixed rates, Carter suggested that they should be allowed to 1) make some shorter-term, higher-interest...
...commercial bankers have campaigned to end the interest rate ceilings and the differential. But savings banks and savings and loan associations will fight fiercely to keep their little competitive extra. Already they are hurting. Outflows from their coffers into higher-yielding short-term securities amounted to more than $2 billion in April. Earnings for savings institutions are expected to be down...
Says he: "There are 60 conservative Democrats who are mad about economic policies and could be persuaded to protest just about any liberal policy. Add them to the Republican votes and you have a majority. But that's not my interest...