Word: margin
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Dates: during 1960-1969
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...criminal cases, one or two votes could possibly change the balance. Miranda, for example, was decided by a 5-to-4 margin. It may be that Burger and Justices of similar temperament will in the future give the police the benefit of the doubt in resolving close cases based on Miranda. But like other Justices, Burger will be deterred by the doctrine of stare decisis (respect for precedent) from abandoning rules that have been law for three years now. Even so, under Burger's leadership, the court is more likely to return to the role of anchoring the ship...
...Harvard has never, been behind after the first minute of any race this year, and it was keeping its polished sprint in reserve to insure it. With 550 yards remaining, coxswain Bill Terranova raised the cadence, and exploding, the Crimson opened the margin to three-quarters of a length, not only holding the Argonauts" 41, but negating it. The winning time was exactly seven minutes...
Harvard's winning margin, however, might not be enough to guarantee future success later this week...
...sign that inflationary psychology is finally being broken-or at least dented. Most analysts agree that the market is oversold. Mutual funds harbor some $4.6 billion-or nearly 9% of their assets-in cash and 30-to-90-day Treasury bills. Brokerage houses hold about $6 billion in uncommitted margin money. That potential purchasing power could provide a lift to the market, but investors are awaiting signs of a loosening of credit. The signs may be a long time coming. Last week Thomas O. Waage, vice president of the New York Federal Reserve Bank, summed up: "Already some participants...
Haack is no defender of the tradition of setting commissions so high that they enable even inefficient brokerage houses to make money and the most efficient ones to make barrels of it. Donaldson, Lufkin & Jenrette, a house that specializes in institutional orders, has consistently had a profit margin of 50% before taxes under this system. Individuals can make more money with less work on Wall Street than almost anywhere else in the economy. Some neophyte brokers earn commissions at a $50,000 annual rate within six months after graduating from a training course, and veterans fairly commonly make...