Word: leveller
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Dates: during 1980-1989
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Some fast-lane veterans who are fed up with their harried working conditions are trying other escape routes, including climbing down the corporate ladder. Trading in a big salary for a lower-level job with more vacation time, flexible hours, improved maternity or paternity leave, even weekends off may seem a luxury, but it is one that many people are choosing. Dann Pottinger, 42, nephew and grandson of Florida bank presidents, was CEO of Commercial State Bank of Orlando, one of the most profitable independent banks in central Florida. This winter he chaired the search committee to select his replacement...
...state which takes pride in the level of education of its citizens, such lack of support for public secondary schools and universities is a disgrace. But the people of Massachusetts are currently bearing not only the embarrassment, but the economic consequences of their neglect of public education...
...goal of increasing this country's economic competitiveness, some criticize the referendum as a means of achieving it. "The referendum is unsound, and for a sophisticated politician like Paul, remarkably simplistic," says State Rep. Stephen W. Doran (D-Lexington). He termed the referendum, which would automatically set the annual level of education expenditure, "an anti-government approach to government...
Tsongas has a proven track record with state-level referenda, having successfully mobilized citizens behind a non-binding building moratorium on Cape Cod last year. Massachusetts will be better off if he can achieve similar success with this progressive and pragmatic funding initiative. Populist referenda can be simplistic and constricting. But in this case the end justifies the means...
Metzenbaum had sought 3 percent tangible capital but in the end had to accept 1.5 percent. Regulators will have the authority to restrict the growth of institutions falling below that level...