Word: leste
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...company, often with the aid of hired detectives, they turn the information into lucrative blackmail. Some sokaiya are known to maintain complete dossiers on corporate misdeeds, including the names of mistresses kept by executives. All too often, the companies are willing to pay the price of silence lest their public images be tarnished...
...Lest the bankers show any urge to fight for much higher interest rates, Burns has warned them that the Government could always impose mandatory controls on rates. Also, the Federal Reserve can veto bank mergers and acquisitions. Burns is unlikely to use that power in direct retaliation, but the bankers do not want to antagonize him, particularly at a time when they have many acquisitions in the works. Instead of raising the prime now, bankers are likely to offer the 6% rate to fewer borrowers. Or, as Economist Milton Friedman quips, the prime rate is the rate at which banks...
...Cornell University sociologist, notes that ghetto crime "is a source of investment resources, of both equity and debt capital." Some criminal kingpins, for example, lend money to people who want to go into honest business. Carter warns against moving too fast in rooting out crime in the ghetto, lest this capital source dry up, leaving the inhabitants worse off than ever. Until more blacks are given greater economic opportunity, the brutalizing irregular economy may be the only crack at free enterprise that they...
...Penn Central's right of way, repair the sadly deteriorated tracks and then let Penn Central trains -and perhaps others-use the tracks for a fee. Before the 90-day respite expires, Congress may well be moved to enact compulsory arbitration legislation tor all transportation industry disputes lest there be more eleventh-hour crises'. The Administration prepared such a bill last year but abandoned support for it after the Teamsters endorsed Nixon's candidacy for reelection...
...most important documents I will sign as President" and asserted that "it is time to get big Government off your back and out of your pocket." In the budget message, he proclaimed "total determination to identify and reform or eliminate programs that have not worked." For good measure, lest any Congressman forget how many votes Nixon won last November, he added that "the expressed will of the people will not be denied...