Word: performances
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Dates: during 1960-1969
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Companies that once refused to risk their pension funds in common stocks have changed their policies with a vengeance; they now spread their funds among the trust departments of several banks, setting up a competition to see which can "perform" the most profitably. Instead of managing those portfolios through large and cautious investment committees, banks now tend to put them under a single manager. And instead of channeling their funds into several hundred stocks, the managers tend to concentrate them in several dozen issues on which they can keep a close watch...
...press is free and performs a social mission," but it must avoid offending "the honor of persons who perform public functions" or disseminating "principles or views of political parties that have been banned." Offending newspapers will be confiscated...
When television sets out to perform a worthwhile service, there is hardly anything that can beat it. The latest service is a weekly employment office of the air, which in seven months has spread to 14 U.S. cities...
...private institutions has provided much of the dynamism of higher education. But he also warned his audience of college executives that the nation "can no longer afford the luxury of an unplanned, wasteful, chaotic approach" in which freedom often means "freedom to duplicate what others could do better, to perform useless, even meretricious functions...
...audience at the Loeb last Friday and Saturday got its money's worth. The group is interesting to watch with something sympathetic and appealing about them; they are young, they move well, they perform with confidence and spirit. A few of them, Lisa Nelson and Whittaker Sheppard in particular, give off sparks of a very personalized energy. A few of them, especially wide-eyed Wendy Perron, possess radiant good looks that are nothing if not pleasant to behold. A few of them, like Martha Armstrong, are very funny. Attributes like these can make even a spoiled Loeb audience forget they...