Word: pooled
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Dates: during 1970-1979
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TIME's Robert Ajemian recently joined Ted and Patrick for dinner at Kennedy's home. His report: he Senator stood in the bedroom, dressing for a night swim and needling Patrick about the cold pool waiting outside. Kennedy slipped off the canvas back brace he usually wears under his suit, put on his khaki trunks and flipped on a small color TV set. Suddenly Jimmy Carter's face appeared on the screen, speaking of politics and 1980. Kennedy, his arms folded and a hand at his mouth, watched intently, never moving. As Carter spoke, the son looked back and forth...
...waste-disposal problem is getting worse. Scientists cannot agree on the safest method of permanently burying nuclear garbage, some of which remains radioactive for thousands of years. At present, the most highly radioactive wastes, such as spent fuel rods, are stored under water in plant "swimming pools," but reactor operators are running out of pool space. Wastes that emit less radioactivity are placed in sealed containers and trucked to dump sites for burial. However, some of the containers have leaked, either underground or in transit, and dump sites have been closed in Hanford, Wash., and Beatty, Nev. This leaves only...
...also mysterious, pervasive and, in the cold eyes of Western policymakers, dangerous and disruptive to current at tempts to combat inflation. Supermoney is the immense and swift-moving pool of currencies deposited in banks outside their home countries- and thus out of the control of any government. No body knows the total, but estimates run to $750 billion in ''offshore'' dollars and $250 billion in German marks and other, mostly European, money...
...minimum stakes are so hefty that trading used to be done only by rich people, corporations and institutions looking to park their idle cash. This discrimination has been ended by the swelling number of money funds that have been formed by mutual fund companies and brokerage firms to pool small investors' assets. Since the returns rise along with surging interest rates-and the highest bank prime lending rate rose to 15¼% last week-money market funds are booming. About 75 such funds now handle nearly $40 billion in assets, way up from $11 billion in January and only...
...newly formed organization, the Concerned Cambridge Citizens, which refused to pledge its support to continuation of rent control. The other councilor Sullivan might draw votes from is Mary Ellen Preusser. "If he knocks someone out, it will be another CCA candidate--they all draw from the same pool of supporters," one observer predicted last week, although the possibility that the weakest conservative could fall also exists...