Word: preferred
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Dates: during 1980-1989
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...week tens of thousands of protesters, all clad in white, the color of the opposition, took to the streets of Panama City in the largest antigovernment rally since June. The demonstration was largely peaceful, and police left the protesters alone. For the time being, Noriega seemed to prefer propaganda ploys to outright repression...
...Hutton neighborhood: slumping lemonade sales and rough times with kids like Merrill Lynch. Presenting a "vision of what we can be," the book urges employees to do "much more with much less." But the attempt at spirit lifting may backfire. "Disgusting," said an executive. "We would prefer to think that management could communicate with us in an adult fashion...
...disconcerting gyrations of the mainstream stocks, which are heavily played by institutional investors, have inspired many private investors to march to a different ticker. They prefer to find lesser-known companies whose stocks are undervalued or potential earnings overlooked. But to arrive at a hot property before Wall Street professionals is a feat that requires lots of homework, constant vigilance and a cool head. Says Investor Jeffrey Solomon, a hardware-sales representative based in Great Neck, N.Y., who carries a hand- held stock monitor at all times and studies charts and newsletters every night: "The astute investor can beat money...
...riskier, loan ventures. What bankers think they need to survive amid the financial-services hurly-burly is even more deregulation, namely the repeal of the Glass-Steagall Act, the Depression-era law that forbids them to underwrite securities. Opposing that proposal are Wall Street's investment bankers, who would prefer to keep the business to themselves; they claim that commercial bankers would get in over their heads if they were allowed such privileges...
...Supreme Court's policy of near strict separation was laid out in a 1947 case, the first to apply the establishment clause to the states. The court declared neither federal nor local governments "can pass laws which aid one religion, aid all religions, or prefer one religion over another." In addition, no tax money should support "any religious activities or institutions." In 1971 the court developed a new threefold test: laws must avoid "excessive government entanglement with religion," have a "principal" effect "that neither advances nor inhibits religion," and have a "secular" purpose. Last week the high court decided that...