Word: primed
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Dates: during 1970-1979
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Your report "Fears for Begin's Health" [Sept. 24] is regrettable for the serious misinformation it contains. On the basis of the most authoritative examination of the real facts, I am able to inform your readers that contrary to your correspondent's assertions, the Prime Minister did not take a day off from his governmental duties shortly before the Haifa summit with President Sadat; he was not driven to a "secluded laboratory" or to any other location for a physical checkup, and he has never met with a team of "three non-Israeli neurological experts." He could, therefore...
Following the Prime Minister's release from the Hadassah Medical Center, and after a brief rest period at his home, he resumed his regular daily duties, with the full approval of the two physicians who treated him, Professor Marvin Gottesman and Professor Sylvan Lavie. The story in your report, that the Prime Minister has to put in a shorter working day, or is working less hours, is incorrect...
...Counsellor to the Prime Minister of Israel...
TIME has rechecked all aspects of its story, which was based on what it believed was firsthand knowledge of a meeting between Prime Minister Begin and three consulting neurologists. TIME was apparently misled as to the meeting and regrets the error. TIME stands by its report that for a period of weeks following his stroke on July 19 the Prime Minister's work load was significantly reduced...
...market break came on Tuesday. That was when the naition's banks reopened after the Columbus Day holiday, and made their response to the Fed's discount-rate rise. Led by Chase Manhattan, the nation's third largest bank, several institutions immediately raised the prime rate (the interest charged the most credit-worthy corporate customers) from 13.5%, already a record, to a new peak of 14.5%. Since quarter-point raises are the norm, the effect of the full-point boost in the prime was electric. Not only did it push the interest charged to margin investors up close...