Word: paredes
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Dates: during 1970-1979
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Ray pared down Shaw's job, letting him run the AEC's research program, but establishing a new division to handle the vital issue of reactor safety. Shaw argued that safety was an integral part of design. But Ray insisted: "Duplication in this case can do nothing but...
While Merrill Lynch professes to be bullish on America, Donald Regan, chairman of the largest brokerage of all, has more ursine feelings these days about Merrill Lynch. With trading volume fading and profits dwindling throughout the securities business, Regan has pared the salaries of Merrill Lynch's 140 highest...
During his two terms as Governor of California, Ronald Reagan has never quite lived up to his billing of "Mr. Conservative." A Democratic-controlled legislature has forced him to compromise. Though he has pared welfare rolls and held down property taxes, he has had to raise income taxes. Since he...
Normally, there would be ample opportunity for all the people involved in the long food-production and marketing process to reap a reasonable profit. In the normal chain of events for beef, for example, the farmer sells his calf to a feedlot operator, who is one of the middlemen. He...
Almost the only price in the economy that went down last week was the "prime" interest rate that banks charge on loans to the most creditworthy business borrowers. Bowing to furious jawboning by Federal Reserve Board Chairman Arthur Burns, such major banks as Chase Manhattan, Manufacturers Hanover Trust and First...