Word: nest
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Dates: during 1960-1969
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...reason for Gourin's eminently un-Brittanic appearance is simple: "les Américains." That phrase defines the hundreds of Gourinois natives who have spent years in self-imposed American exile, then returned to Gourin with a tidy nest egg. Brittany has long been one of France's few labor-exporting regions, thanks largely to the peninsula's unyielding poverty. But of all the towns that send Bretons to the U.S., Gourin sends the most...
...most daring departure of the Cabot tenure was to place the university's nest egg in the bull-market incubator, presciently slashing Harvard's holdings in real estate, mortgages and long-term bonds, while increasing the share of common-stock investments from 40% to 55%. Most other university endowment funds have since followed suit-and why not? Harvard's insurance company equities alone have trebled to a current worth of $58 million, and its other interests include $108 million in oil and gas, $160 million in public utilities. Among star performers: $10 million in Du Pont...
...same more or less applies in Argentina, Brazil, Colombia, Peru, and every diplomat - U.S. or otherwise - considers it part of the game to build up a nest egg by importing and reselling a car every two or three years. When he left his post last year, one ambassador put two cars on the market, one of them a Lincoln Continental; another departing embassy official unloaded a three-year-old Buick...
Spidery Wires. The trailer backs up to the base of a gantry; cables are attached, and up comes the payload, trailer and all. When the bird is snugged into its red iron nest, the trailer is peeled off and trundled away. White tarpaulins drop over the missile's exposed side to keep off rain and the Cape's corrosive salt mists. Inside, casually competent engineers and technicians in white hard hats begin to spin the spidery wires and connect the delicate electronic mechanisms that will control the bird. Capsule specialists poise their instrument-packed pod atop the rocket...
Bankers in and out of Switzerland agree that relatively few depositors really have something to hide. Even so, plenty of people are willing to make quite a sacrifice either for anonymity or, more often, for the security the country offers their nest eggs. Under a law passed in 1964, the Swiss banks pay no interest on foreign deposits-and last week, in a special referendum, Swiss voters extended that law for another two years...