Word: limits
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Dates: during 1970-1979
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Both the SEC and the Moss subcommittee would allow institutional membership on exchanges, but under strict conditions that would limit the ability of the institutions to execute their own trades. The SEC would allow brokerage-house affiliates of the institutions to join exchanges only if four-fifths of their business came from the public rather than from the parent institutions. The Moss subcommittee would forbid institutions that joined exchanges from handling any of their own business at all. What the subcommittee wanted to avoid was "devilish bookkeeping" practices that might arise as institutions merged with brokerage houses...
Under the Harvard Plan, a student who qualifies for financial aid may borrow up to $1500 a year to meet expenses for college, graduate school or professional school so long as his total indebtedness does not exceed $7500. The College will attempt to limit loans to $1000 per year per student...
...limit is a normal precaution against undergraduates overextending their indebtedness, which could be waived in a special case if the case were very good." Gibson said last week. "But we don't want the undergraduate debt to get out of hand...
WBCN's Charles Laquidara loves Poco's music almost beyond the legal limit. So whenever they come into town, he introduces them. It's just as well. George Davis couldn't do them justice. Besides, Laquidara's liner notes to their live album, Deliverin', are as adequate a description of Poco as any I've ever seen, "Laughing- eyed, high-bouncing Poco--creating images of green hills, amber fields, rolling white clouds, and a balanced planet...
...interim of raising the world's poor toward a decent life. But only a superoptimist would insist that growth can continue forever; that would presuppose that resources are literally infinite. Even if the earth's resources and its capacity to absorb pollution could be extended without limit -or if humanity could colonize other worlds-no one could be certain that that could be done rapidly enough to permit infinite growth at the pace and of the type occurring today. To banish the Club of Rome's nightmares, some changes in growth patterns should start...