Word: otto
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John P. Ziaukas '82, vice president of the Lampoon, said yesterday the Lampoon would keep most of the profits for the corporation's day-to-day operations. The Lampoon's treasurer, Harold W. Otto '83, said yesterday the profits would be "enough to pay our bills and print out local issue for a long time" in a separate interview yesterday...
...interest rates. Such action would, of course, crush businesses heavily dependent on borrowed funds and substantially boost unemployment. The dollar would be under particular pressure whenever conflicts like the Iran-Iraq war caused wealthy Arabs and other panicky investors to seek the safety of the yellow metal. Warns Otto Eckstein, chairman of the Data Resources econometric forecasting firm: "The U.S. would have to follow a massive policy of deflation every time international disturbances created a run on gold...
Senior Writer Otto Friedrich, who wrote the story, is also well acquainted with the workings of the law. Friedrich edited TIME's Law section from 1971 to 1973 and from 1975 to 1978, and wrote about politics and the law for last February's American Renewal issue. Says he: "Trial by jury is perhaps the only time when ordinary citizens are given the intimate details of a person's life-and then given the authority to make a binding judgment." Adds Sanders...
...Azelby, the sophomore who intercepted a pass filling in for Stinn Saturday, and junior Otto Rutt are the leading candidates to win Stinn's job, but Harvard coach Joe Restic may use both--and others--Saturday against Holy Cross...
...bumper crop harvest will hold down food costs, and the continuing ample supply of oil improves the energy outlook. Said James McKie, a University of Texas energy expert: "I think the prospect is for level or somewhat declining prices for oil unless there is some major supply disruption." Otto Eckstein, chairman of Data Resources, a business consulting firm, estimated that oil prices, after being adjusted for inflation, will fall by 3% annually for the next two years. Finally, the board members expect that Federal Reserve Chairman Paul Volcker will maintain monetary discipline to guard against any new burst of inflation...