Word: picks
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Dates: during 1970-1979
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...situation and quick to grow bored with it. He is compulsive and meticulous, prone to polish his shiny shoes with a tissue or to straighten pictures on the wall. Despite an easy and cordial manner, he has a strong sense of privacy, always keeping a certain distance. "I pick my friends carefully," he says, "watching them for a long time before I commit. I'm aloof, I know that. I have very few close friends." Connally's temper is sharp, his sense of loyalty demanding. He has barely spoken to Texas Senator Lloyd Bentsen Jr., long a close friend, after...
Anyone opening a new savings account has long had his pick of desk lamps, hair dryers or blenders, but the East New York Savings Bank is showing up the purveyors of discount detritus for the pikers they are. Full-page newspaper ads offered depositors something more than "a tacky little toaster" in return for $160,000 left on deposit for eight years -an $84,000 Rolls-Royce Silver Shadow II. When the Desert Empire Bank of Cathedral City, Calif., tried the same gimmick in 1977 in return for a $ 1 million six-year deposit, it failed to find even...
...willing to tie up his money for a long time, he can buy four-year bank certificates linked to the Treasury note rate, now paying over 8%. But depositors with $10,000 can earn 10% from six-month money market certificates, and people with $100,000 can pick up 11% from three-month bank certificates of deposit...
David Jones, chairman of Humana Inc., complains that Chrysler's previous management made bad decisions, "and now they expect somebody else to pick up the bill." Pertec Computer Chairman Ryal Poppa warns, "Soon the Government will be asking us why we complain when they want to regulate our businesses if we're so willing to accept their help when we are in trouble." Economist Alan Greenspan finds a Government bailout wrong on principle, wrong because it would be granted not to any troubled company but only to a large one, and wrong because it would not protect jobs...
...introduction of Newcomer Strauss into the Middle East summitry shook the State Department to its foundations. That Carter would reach around Vance and Brzezinski and pick the glad-handing Texan, a lawyer, politician and trade negotiator relatively inexperienced in diplomatic affairs, stunned the department professionals. The move further diminished Vance's standing, removing a principal foreign policy area from his direction. It not only disillusioned the whole State Department but also aggravated the long-term power struggle between State and the National Security Council. Brzezinski saw Strauss's appointment as both a weakening of Vance's authority...