Word: owings
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...most worth-while academic experience I've had here")--is virtually boundless. It has instilled in him a sense of obligation to the University, which he started paying off as chairman of the "special gifts" section ($100 or more donation) of the senior gift drive. "I owe my loyalty and support to Harvard," he says. He took part in the fund drive as "a show of thanks, a show of support for the class, its spirit. I've always had a lot of spirit...I was rah-rah for Harvard before I got here. I have a lot of enthusiasm...
...also heavy borrowers. Stuck with huge inventories of unsold houses and condominiums, they must take out ever larger loans to keep from going broke. At the same time, the governments of foreign countries like Brazil and Poland are asking for new credit on top of the billions they already owe U.S. banks. Most important of all, the U.S. Government borrows billions every month to finance its runaway deficits. All these loan demands taken together give a powerful boost to interest rates...
...Boston computer programmer, does not inform the IRS of the $600 or so a year that he pockets in cash for playing guitar in a band. Says he: "I don't feel that I owe it, and I don't like where it's going-to nuclear missiles and things...
...more and more individuals are turning to tax preparers in hopes of paring down the amount that they owe the Government (see box). Says Paul D. Koehler, a partner of Touche Ross & Co., one of the leading accounting firms: "I'm up to my neck in tax forms. There's a tremendous amount of demand for us to interpret the new tax laws." Richard W. Earp, a partner in the Minneapolis office of Arthur Andersen & Co., noted that the bulk of new business has come from wealthy individuals, who are the biggest beneficiaries of last year...
Flaherty expressed disappointment in the committee's decision, saying. "I feel that we owe the Harvard community an open meeting." He added that he hopes the ACSR will set one at its meeting next Thursday...