Word: mayes
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Dates: during 1970-1979
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Since the Federal Reserve action, the prime interest rate paid by top corporations has jumped another 2% beyond its previously record heights to reach 15½%, and bankers believe that it may go still higher. Interest rates on Government bonds have leaped above levels prevailing at the outbreak of the Civil War, when Confederate forces were encamped at Manassas, ready to march on Washington. The Dow Jones index of industrial stocks since early October has slumped nearly 100 points and closed last week...
...first signs of a "wait and see" attitude are appearing among some buyers who think that mortgage rates may soon ease back. Michigan Entrepreneur Warren Avis, founder of the Avis Rent A Car system, was quickly filling a 120-unit condo conversion in Detroit last month, but saw many of his customers vanish as mortgages rocketed. Says he: "All of a sudden we got slugged in the guts. The last four weeks have broken the back of buying...
...DeLorean's personal papers and says that "anything of a substantive or controversial nature is either on tape or appears in John's handwritten notes. It's airtight." But DeLorean backed out of the project; he has started an auto plant in Northern Ireland and may want GM's help in securing parts and dealers. After years of frustration, Wright took out a $50,000 second mortgage on his house and published the book himself. The work is presented as DeLorean's first-person account, and he now says that he generally would not repudiate...
...recoup. To this end, ABC is betting on an ambitiously sleazy collection of made-for-TV movies. Leading the pack is a six-hour miniseries, The French Atlantic Affair, which will have to face such competition as A Bridge Too Far (NBC) and Silver Streak (CBS). ABC just may win. Its mini-series aims so low that it does not even qualify as popcorn entertainment; the show is best watched while chewing sugarless...
Considering the way she is going on now, that may come as a surprise in some quarters...