Word: lefting
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Dates: during 1980-1989
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...left open the possibility of expelling Iran's lone diplomat in London, where Rushdie lives...
Harvard has been tapering in preparation for next weekend's Eastern Championships, but Harvard still left Penn quaking, winning all but two events...
...budgetary no-trespassing signs mean that only meat-cleaver slashes in the jumble of discretionary programs could possibly make the Bush proposal meet the Gramm-Rudman targets. But the President's team is not going to squander political capital on such a fool's errand; that messy job is left to Congress...
Thrift executives pressured Congress to let them fight back. In 1980 Congress lifted restrictions on interest rates that S & Ls could pay. But regulators waited a year before freeing the other side of the balance sheet by allowing S & Ls to grant adjustable-rate mortgages. The delay left the thrifts in a bind, because interest rates had rocketed from 13% at the end of 1979 to more than 20% a year later. Thrifts were collecting interest rates of around 8% or less on their 30-year mortgages, while paying double-digit interest to new depositors. During 1981 some...
...industry's future, it's turmoil." Gray envisions a severe industry shake-out. In just a decade, he points out, the number of U.S. thrifts has already fallen from 4,200 to less than 3,000. By the late 1990s, he predicts, there will be just 1,000 left...