Word: kellner
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Such a photographic blackout is rare in this highly visual age. In response, the photo editor declares a kind of all-out war of his own. In New York, TIME Picture Editor Arnold Drapkin and Picture Researchers Peter Kellner and Robert Stevens assigned photographers to wherever they suspected a picture might conceivably develop. In England, Picture Researcher Brenda Draper posted photographers to the Prime Minister's residence at 10 Downing Street, the Ministry of Defense, and places like the naval shipyards in Portsmouth and Plymouth. From Buenos Aires, Picture Researcher Nina Lindley positioned photographers in key locations throughout Argentina...
...fact, however, the economy is nowhere nearly so healthy as such statistics suggest. Observes Irwin Kellner, chief economist for New York's Manufacturers Hanover Trust, in a grimly appropriate metaphor: "Even someone who falls off a 15-story building bounces a little bit when he hits the sidewalk...
...money-market certificates, which carried Golcondan interest payoffs of 15.7% only six weeks ago, were offering a mere 9.5%. Even mortgage rates took a tumble. California's Home Savings & Loan, the nation's largest thrift institution, dropped its home lending rate from 17.5% to 12.75%. Said Irwin Kellner, chief economist at New York's Manufacturers Hanover Trust: "Rates are following a financial version of Newton's law that for every action there is an opposite and equal reaction...
...Euroblood traffic began in the early 1970s when many U.S. cities began reducing their purchases of blood from paid donors, often Skid Row derelicts, for fear of spreading hepatitis. To replace these old sources, Dr. Aaron Kellner, director of the New York Blood Center in Manhattan, decided to turn for help to Europe, notably Switzerland, West Germany and Belgium, which had blood to spare because of their different approach to blood collecting...
...midst of a balanced expansion." Both Murphy and Chrysler Chairman John Riccardo, in fact, predict that the 1978 model year (running from October 1977 to September 1978) will bring record sales of more than 15 million cars and trucks. (The previous high, set in 1973, was 14 million.) Irwin Kellner, economist at New York's Manufacturers Hanover Bank, agrees that the economy is "in fine shape." Adds Economist Herbert Neil of Chicago's Harris Trust: "A solid recovery is going...