Word: money
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Second Marriages. Although vast sums are spent by the Government on education, the report says, relatively little is known about whether the money is really contributing to better learning. And for all the talk of rising crime rates, there may have been an actual decrease in the harm that crimes do to people. Religious leaders worry about the rising divorce rate. Still, notes the report, the percentage of the population that is married has risen 7.5% since 1940, largely because of the increase in second marriages...
...soaring cost of borrowing, which hit consumers two weeks ago when the interest rate on FHA and VA mortgages jumped from 61% to a record 71%, forced the Government itself to pay a stiff price for money. To refinance some $14 billion of federal debt, the Treasury had to offer 61% interest on 15-month notes and 61% interest on seven-year notes, the highest rates on such gilt-edged securities since...
...company waged a bitter proxy fight to get its 75%, and has offered to buy the remaining 25% at $45 per share. Before the offer was made, the stock had been selling for about half that amount. Great American certainly looked ripe for plucking. It had been losing money on insurance for at least a decade, mainly because it concentrated on personal fire and casualty policies, a competitive area plagued by rising losses. Like many other hard-pressed insurance concerns, Great American concentrated on making profits in the stock market, where it accumulated a portfolio worth about $310 million-more...
...vest open, his bow tie flaring and his Havana cigar lit, Insurance Executive W. Clement Stone scrunches down in his high-backed chair at his company's nondescript headquarters on Chicago's North Side. "Wealth is power," he proclaims. "Wealth is good. With money you can do good-your whole horizon changes...
While he has a Midas flair for making money, Stone is equally skilled at giving it away. Last year the W. Clement and Jessie V. Stone Foundation, the fund that he shares with his wife, donated $4,500,000, mostly in the fields of mental health, religion and education. Characteristically, Stone helps those who help themselves: almost all of his grants require the recipients to raise some money as well...