Word: marketeers
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Dates: during 1970-1979
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...government is partially to blame for the high cost of the machine, he said. It stopped buying CATs just as scores of new companies entered the market. These new companies went bankrupt without government patronage and the remaining companies began charging more, Rumbaugh added...
Group seminars counted for credit last year included "The Knee." "Real Estate Broker Training, "Topics Relating to South Boston," "Dental Precentorship" and "New England Merchant's National Bank." Individual students created a photo essay on Mexico, invested their partents and their own savings in the stock market and studied "cabinetry...
Democrat Arthur Okun complains that the Fed has lost much of its control over credit policy as a result of innovations, such as money market certificates and mortgage-backed securities, that are designed to keep banks and thrift institutions flush with funds for home loans. Says Okun: "Money is easy but expensive, and nobody is saying no to any borrower. They're saying, 'The price is high. Won't you take...
...small cars. We have some big cars, but really our problem is that we haven't built enough gas guzzlers. That is where the money is, for the same reason that in a meat market there is a bigger margin on steak than on hamburger...
...prospects for takeover or merger. In the real world auto market there will be associations, mergers and joint ventures by the hundreds. As for the rumor of a Chrysler-Volkswagen deal last summer, there was absolutely nothing to it. But if you ask me whether we are a prospect, the answer is yes. It would be a hell of an investment for someone. Sure, the balance sheet does not look good, but I am a great believer that if you buy a company, you buy its management and its future. And our management and our future products are Class...