Word: morgans
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Dates: during 1980-1989
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TIME's economists foresaw no big break in interest rates. Rimmer de Vries, senior vice president at Morgan Guaranty Trust Co. and a new member of TIME's board, predicted that the prime rate would fluctuate narrowly between 14% and 17% for the rest of the year. Said he: "We're in a stalemate. Congress will have to attack the budget deficit...
...irae with an orchestral primal scream, propelled by a relentless pounding of timpani that recalls the opening of the Brahms First Symphony. Along the way, several of the ensembles are strikingly crafted, such as a dramatically dilatory but musically effective trio for Marie (Phyllis Hunter), her sister Charlotte (Beverly Morgan) and a haughty but generous countess (RoseMarie Freni). And the final scene, in which civilization explodes in a brilliant burst of light and a final crash of the drums, is chilling...
...because he is concerned with the complacency of Harvard students. They're applying to Chase Manhattan and Morgan Stanley instead of marching around Harvard Yard is protest of South African apartheid. Some of these wayward souls have probably taken job offers, even though. "There are not that many people who--if they thought they had the choice--would reality want to work for Chase Manhattan or Morgan Stanley...
...because they were agonizing. According to one source, 500 members of the class of '80 have sent their sources to a single New York investment banker. There are not that many people who--if they felt they had some choice--would really want to work for Chase Manhattan or Morgan Stanley...
...those rules to all stocks, demanded that every company's insiders disclose their holdings, authorized the Federal Reserve to set margin rates, and established a new Securities and Exchange Commission to regulate the market (its first chairman: Joseph P. Kennedy). Wall Street howled. "The exchange," said Harvard-educated, Morgan-trained Stock Exchange President Richard Whitney, who later spent three years in Sing Sing prison for embezzlement, "is a perfect institution...