Word: rackets
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...Under FFEL the federal government subsidizes banks and other private companies to serve as intermediary actors, ensuring that they receive a baseline interest rate return and covering all default risks. Companies that get in on this sweet deal make out like bandits. Sallie Mae, the biggest player in this racket, is the second most profitable company in the Fortune 500, earning a pretty 36.9 percent return on revenues...
John Gordon, the new hire as men’s golf coach, spent three years at the helm of the BC tennis program, before trading in his racket for a set of clubs...
...Schwab could make a decisive assault on the full-service brokerage industry or even be put up for sale. What's clear from the firm's troubles--it lost 44,000 accounts in the second quarter, when profits fell 10%--is that the middle market is a tough racket. Don't look for anyone to rush into this void...
...busy. Reagan made 33 films in his first five years, averaging one every eight weeks. Some of his most confident work was in four B movies made in 1939, detailing the heroics of Secret Service Agent Brass Bancroft. In Secret Service of the Air, he foils an alien-smuggling racket and, during a fight, executes a smooth backflip over a cantina table. Murder in the Air earned some later camp luster with its secret weapon, the Inertia Protector, which is able to destroy hostile bombs aimed at the U.S.--a primitive forerunner of President Reagan's Star Wars plan...
...depression [April 5]. I agree with Ted Rueter, who heads the advocacy group Noise Free America, that noise levels are becoming unbearable. During the summer months, I like to open my windows and enjoy the fresh warm air, but I have to shut them quickly because of the racket from outdoors. You said that Rueter may move to New Zealand for some peace and quiet: Can I go too? ELVA WOITO Cambridge...