Word: investment
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Dates: during 1970-1979
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Clubby bankers from Zurich to Tokyo have confided to Abboud that Middle Eastern, Latin American and Asian capitalists are poised to invest many billions in the politically stable U.S.-as soon as they become convinced that they will not lose because of further dollar erosion. When these worldly investors plunge in, the stock market will surge, many jobs and business opportunities will be created, and the temporarily groggy champ will start to bounce back...
...blue for 13 years, though, for obvious symbolic reasons, immigrants still called it the Green Card. In an era of restricted immigration, permission to live indefinitely in the U.S. was granted in effect only to those who without American relatives brought needed skills or at least $40,000 to invest in the U.S. economy...
...most part, these notable newcomers are those who, not without pain, have taken the decision to forsake comfortable backgrounds, familial esteem and personal success to invest their lives in America. The decision may have been reinforced by political, social and economic instability at home, an underlying factor in the entire history of westward migration. Nonetheless, the immigrants have much to lose by coming to an alien society: not only their grubstake but also their cultural heritage, the ease of self-expression in a native language, even the self-assurance that impelled them...
...Brown, the Celtics franchise means big time. He inherits a winning history, a vocal crowd and a potentially stronger team. He appears willing to invest the rebuilding dollars that Levin was reluctant to shell...
Inevitably, the house of Dior will have to be sold to help Boussac pay off. That prospect pleases the Dior staff, which has seen the firm's profits sink year after year into the bottomless Boussac pit. Partly as a result, Dior has not had resources to invest in new products and outlets needed to keep from falling behind such dynamic competitors as Yves Saint Laurent and Pierre Cardin...