Word: megabuckers
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Demand for credit ballooned. In the past four weeks alone, loans to business jumped at a rate of 23%, while the commercial paper market, which is where big corporations trade megabuck lOUs back and forth among themselves, leaped by an astonishing...
...Megabuck Projects. Parallel to the push for family shelters is the one to defend U.S. private industry. Industrial civil defense is enormously expensive. "It costs megabucks," says Frank Jones of Chicago's Bell & Howell Co., which has buried its vital records as a starter in its own civil defense program. But there is a burgeoning recognition of its worth. Scores of companies now participate eagerly in OCDM seminars, have conducted employee courses in civil defense. Many of the nation's banks have buried their vital microfilmed records for safekeeping. Last month Manhattan's Rockefeller Center announced...