Word: rearguard
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Dates: during 1970-1979
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Fighting a rearguard action against the money funds, many bankers trumpet that their deposits are guaranteed by the Federal Deposit Insurance Corporation, and that money market funds are riskier. There is a slight risk, but since the funds are put largely into top bank and corporate securities, a number of banks and cor porations would have to go broke before the typical money market investor would suffer much loss. He would not even lose, but his yields would go down, if interest rates declined. If they dropped far enough, he might have been wiser to invest in a long-term...
...crisis also demonstrated the error of the myth that Nixon, aided by me, exercised an octopus-like grip over a Government that was kept in ignorance of our activities. The reality was the opposite of the folklore: not widening White House dominance but bitter departmental rearguard resistance; not clear-cut directives but elliptical maneuvers to keep open options; not the inability of the agencies to present their
Higginson has assembled a solid rearguard in senior veterans Kevin Cunningham (stroke) and captain John Pickering (seven-seat). The talented pair held down these same slots last year during Harvard's perfect season, and they have never lost a race in their J.V. and varsity careers...
Jonas Honick contributed his first field goal of the evening at 14:08 to cut it to 39-38. Meanwhile Ackerman was fighting a rearguard action as the Lions refused to relinquish the lead, scording 12 of the hoopsters' 16 points in the half...
...continuing a rearguard action against Viet Nam. A few weeks ago, it looked as if Washington were on the verge of approving Viet Nam's entry into the United Nations. The U.S. price: an accounting of the 800 Americans listed as missing in action (MIAS). Hanoi said it could not give one because it is still seeking out the missing Americans, and came back with a demand for reconstruction aid promised under the 1973 Paris cease-fire agreement. Washington regards that agreement as void because of the North Vietnamese invasion of the South...