Word: pensioned
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Dates: during 1970-1979
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...make acquisitions, or sell new shares to get cash to expand. But the biggest lift is psychological. A bull market puts executives in an expansive mood, as the worth of their stock options goes up, and raises the morale of employees, who see the value of their stake in pension funds increase. Consumers who own stock directly or through mutual funds feel richer. If they do not have ready cash, a rising market increases their ability to borrow: readily marketable stock that is going up in price is excellent collateral on loans...
Fair was abruptly relieved of his command early this month-though many corps veterans still believe the wrong general was sacked. Initially, Fair was to have retired with a three-star general's pension-roughly $38,000 including various emoluments. But some Congressmen raised objections, and the Army retired him at his permanent two-star (major general) rank instead. That will cost the 32-year veteran as much as $3,000 a year...
...father died young, and getting by was not easy. In his only long novel, Pedigree, Simenon has written about his childhood in Liège; Henriette appears as Elise, a hardworking, humorless, almost avaricious woman. She eventually remarried a man who had what she always wanted-a pension from the Belgian railway...
...book is the admirable short story that runs alongside the litany of blame. To give away the truly surprise ending-revealed in what are apparently Henriette's last words-would be unfair, but it has to do with the man who gave her what she always wanted, a pension...
...disowned his own daughter, and he seems to have had Jewish ties despite his apparent anti-Semitism--Cash presents a portrait of a paranoid and unscrupulous gun-toting publisher. Loeb's well-known alliance with Jimmy Hoffa and the Teamsters, stemming from financing he received from the union's "Pension Fund", is reviewed in detail, as are his campaigns of villification against the University of New Hampshire, the Kennedy family, Muskie, McGovern, Eugene McCarthy, ad infinitum. Indeed this biography might serve as a handy compendium for anyone interested in a careful review of the Union Leader's three decades...