Word: mortgagees
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Dates: during 1980-1989
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There was barely a murmur of forebod- among the 200 employees of the Louis Globe-Democrat when they were summoned to the paper's seedy fifth-floor conference room. One reporter had signed a $70,000 mortgage note on his way to work; some colleagues speculated mat the meeting...
Baldwin's hottest financial product has been single-premium deferred annuities. These accumulate untaxed interest until the depositor begins withdrawing the money. Baldwin sold $3.7 billion worth of annuities during the past three years with promises of up to 15H% interest. But the firm has been earning much less...
Harvard's Graduate School of Education started an elite program this fall to help professionals switch to teaching in midcareer. One of the seven "students" in the pilot program is Jim Selman, 59. With his children through college and his mortgage paid off, Selman is quitting his $50,000...
The novel's central rivalry climaxes in Beirut, though not before DelCorso tussles with guilt, a bruised class conscience and the bitter truth that he would rather chase wars than stay home with his wife and children. From the reader's point of view, this is a good...
A few .signs, however, point to a cooling off by year's end. The increase of about 1.5 percentage points in mortgage rates over the past few months, for example, has slowed the pickup in construction. The Commerce Department reported last week that new housing starts in July, at...