Word: lynch
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...glut promises to come to the rescue if supplies grow tight during the winter. Indeed, the cushion of excess inventory over normal levels dropped during the summer from 500 million bbl. to roughly 200 million bbl. or so by last month. Energy Analyst Constantine Fliakos of Merrill Lynch now warns that supply and demand could be in actual balance before the end of the year...
...cities of Austin and San Antonio have developed severe doubts about a big reactor abuilding in Texas; and a Washington State utility combine is faced with -'an uncontrollable termination"-that is, complete cancellation-of two reactors under construction. Surveying the ballooning cost of building nuclear plants, Merrill Lynch, the giant investment firm, coldly suggested in March that one of the best ways for utilities to improve their financial position would be to scrap 18 of the 78 reactors for which construction permits have been issued. Since then, three of the projects on the Merrill Lynch hit list have indeed...
...specialty companies that buy old homes, help find mortgages and new homes and, sometimes, assist spouses in finding work in their new locations. Says Gaylord Milbrandt, executive vice president of Runzheimer and Co., a Wisconsin-based relocation consultant: "Business has just been phenomenal." With 13 offices nationwide, Merrill Lynch Relocation Management helps transfer some 35,000 families of other companies yearly. It bills employers for brokers' commissions and real estate closing costs, plus its own fee of about $2,000 a sale...
...Bragg: "The expert time, the tests and the lab procedures required are far too expensive for most states to take on. The Firestone 500 case [in which 7.5 million radial tires were recalled for defects] is an example of an action too big for state government to handle." Roberta Lynch, who helped lead an unsuccessful fight in the Illinois legislature for a workplace chemical warning regulation similar to the national rule canceled by OSHA, agrees that states can play only a selective role: "One reason OSHA was created was that states had the responsibility before...
McCoy's biggest success to date has been providing banking services for Merrill Lynch's Cash Management Account, which allows customers to write checks or use a Visa card against a money market account. Begun in 1977, the CMA has escalated into a $25 billion business with nearly 400,000 accounts. Other brokerage houses, including Dean Witter Reynolds, A.G. Edwards and Charles Schwab, are now preparing to offer clones of the CMA, and they have asked Banc One to act as their banker...