Word: morgans
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Dates: during 1970-1979
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...resurgence of baseball mania. Angell captures those moments perfectly...Fred Lynn, his body limp, lying at the base of the wall in Game Six...Carlton Fisk standing at home plate forcing his home run inside the foul pole...and finally, Lynn again, in Game Seven straining desperately for Joe Morgan's single which scores Ken Griffey with the deciding...
OPEC Surpluses. The quickening flow of loans to those LDCS that do not produce oil is particularly bothersome. A study by Morgan Guaranty Trust Co. shows that net new international borrowing by these countries leaped by $109 billion from only 1974 through 1976. In all, the non-oil LDCS now owe about $180 billion. Such a huge expansion of overseas lending, mostly by private American financial institutions, heightens the possibility of a series of defaults that could cause panic to spread through international banking. So far, banks have managed to avoid this danger by renewing the loans or stretching...
...balance of payments surpluses piled up by members of the OPEC oil cartel. In particular, Saudi Arabia, Kuwait and the United Arab Emirates have been unable to spend their new-found wealth fast enough, and they have deposited enormous sums in such major U.S. banks as Citibank, Chase Manhattan, Morgan Guaranty and Bank of America. Triffin reports that "at the end of last year, general monetary liabilities of the U.S.-including foreign deposits in U.S. banks and their overseas branches, as well as Treasury obligations purchased by foreigners -amounted to $280 billion, almost five times as large as they were...
...Baron. Joe Morgan exudes confidence. He always has. At 33, he is the best player in baseball. The National League's Most Valuable Player for two straight years, Morgan says proudly: "I want people to expect a lot of Joe Morgan. Success scares some people. Me, I have to have it." The Cincinnati Reds' cocky second baseman has a three-year contract with the club that will net him nearly $1.5 million, but he could add substantially to his earnings by endorsing more products (he stars in several TV commercials) and making personal appearances. However, he maintains...
...married for ten years to his high school sweetheart, says that he would marry her again tomorrow. He takes college courses in physical education when he is not hitting home runs and stealing bases, and plans to be a junior-college baseball coach when he retires from the game. Morgan vows: "I'll never be a fat cat. I'll always do constructive things." He feels not the slightest twinge of guilt about making more money than the President. "When people ask me that," he says, paraphrasing a famed riposte by Babe Ruth, "my answer...