Word: joint
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Dates: during 1960-1969
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...state of New York stepped in last week as the nation's first mandatory high-risk pool to provide insurance for ghetto businessmen and residents was signed into law by Governor Nelson Rockefeller. Starting Sept. 1, insurance companies in the state will contribute to a joint underwriting fund to share losses. A bill to establish federal riot reinsurance for slum areas, still pending in Congress, may lighten the insurance companies' burden even more...
Harvard scholars have therefore kept their criticisms of the Report very quiet. Daniel Patrick Moynihan ,director of the Joint Center for Urban Studies and author of the controversial Moynihan Report on the Negro family, at first refused to comment on the findings of the Riot Commission Report. Later he called the Report "a landmark in race relations" and commented that there were no Negroes in the Commission's research division. "I'm not sure this analysis would have been done by Negro social scientists," he said. But Moynihan prefers to emphasize the "scandalous" reaction of the President whose most extensive...
Last year the Johnson Administration considered a partial pause-exempting the area north of the 20th parallel from bombardment-but military advice went against it. In subsequent testimony before the Senate's Preparedness Investigation Subcommittee, General Earle Wheeler, Chairman of the Joint Chiefs of Staff, said that he and his colleagues had "concluded unanimously that the concept was erroneous." There was no indication that the generals had changed their minds this year, and until recently it looked as if Johnson agreed with them. On Feb. 1, he depicted a grim situation if the U.S. stopped bombing: "The enemy force...
...evidence to the contrary, the idea persists that heart disease is one of the prices paid for occupational success. The greater the ambition and stress that is part of continued job promotion, so the "Executive Heart" myth goes, the greater the incidence of heart trouble. Last week, at a joint meeting in Boston of the American College of Physicians and London's Royal College of Physicians, Dr.Lawrence E. Hinkle Jr. of Cornell University Medical College reported the results of a five-year study that makes the opposite point:the more successful the executive, the less heart trouble...
Swiss Pool. The three largest Swiss banks-Credit Suisse, Union Bank of Switzerland and Swiss Bank Corp.-have formed a joint gold pool to share purchases, sales and profits. In place of the London dealers' twice-daily meetings (10:30 a.m. and 3 p.m.) to fix the price of gold, the Swiss-bank traders confer about prices every few minutes throughout the day over direct phone lines. Instead of collecting a commission, the Swiss charge buyers of gold more than they pay sellers. That "spread" started out as high as $3 per oz. in the first days after...