Word: mutually
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Dates: during 1970-1979
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...Savings banks," says Saul Klaman, president of the National Association of Mutual Savings Banks, "have the worst of both worlds, high interest costs and disintermediation." Disintermediation is bankers' jargon for loss of deposits to higher yielding investments, such as Treasury bills. For a while, savings officials thought that this had been averted through the introduction in mid-1978 of six-month money-market certificates (M.M.C.s), whose payout is tied to the going Treasury-bill rate, currently 8.87% for six-month bills. But the M.M.C.s did not bring in just new money; they also attracted funds that the thrifts already...
Macharski was scheduled to join the Pope at his trip's final event, Sunday's Mass in honor of St. Stanislaw, their mutual predecessor 900 years ago in the see of Cracow. Stanislaw, according to legend, was felled by King Boleslaw the Bold because he dared to excommunicate the cruel and licentious Polish monarch for mistreating his subjects. Canonized in 1253, the martyred bishop is interpreted by the church as a defender of human rights against tyranny...
Russian, in fact, bound them together and eventually broke them apart. This theme is the most consistent in their extended correspondence and reads as though two worldly gentlemen were comparing notes on a shared mistress. Yet between the lines about metrics and grammar grinds a mutual competitiveness...
...another emblem of that will was a mutual agreement by Sadat and Israeli Premier Menachem Begin to declare the borders between the two countries officially open. That decision was reached by the two men during a 15-min-ute private session in El Arish at a refurbished villa that only days before had been the headquarters of local Israeli water authorities. The border opening will not mean instant normalization of relations: details still need to be worked out concerning what ground rules will govern the initial visits. In return for Sadat's agreement to open borders, Begin freed...
...past two years, a new band of buyers has flocked to the market: American institutional investors. Some U.S. pension funds, mutual funds and bank trust departments are putting a portion of their assets into bullion. Meanwhile, U.S. individuals, professional hedgers and a number of the larger multinational corporations are in the gold futures market. As a result, contracts representing 312 million ounces were written in the first four months of this year, and the level of futures trading in the U.S. dwarfs gold markets abroad. Individual Americans last year also bought at least 3.7 million ounces of gold coins...