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Word: savers (lookup in dictionary) (lookup stats)
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...large investment firms, put their deposits in short-term (less than 60 days) financial instruments like Treasury bills, certificates of deposit and commercial paper. These usually safe, high-yielding investments are sold only in denominations of $10,000 and more and are out of the reach of the ordinary saver. The usual minimum deposit for money market funds, on the other hand, is $1,000. Investors can usually write checks against their deposits, much like a checking account, although many funds require a minimum withdrawal...

Author: /time Magazine | Title: Shooting at Money Market Funds | 3/23/1981 | See Source »

...moving his savings out of certificates of deposit and into a money market fund: "Restrictions on them would interfere with my free-enterprise right to get the best rate of interest." Adds Thomas Anderson, vice president of the Kemper Money Market Fund: "We have allowed the small saver to participate in the high yields that have long been available to only the large investor." Restrictions on the funds would be against the general policy of the antiregulation Reagan Administration, but pressure is growing to help the beleaguered savings and loans...

Author: /time Magazine | Title: Shooting at Money Market Funds | 3/23/1981 | See Source »

...distinctly casual style in wielding my cutter. I took pride in my ability to steer up to six shopping carts at a time from one end of the store to the other. I considered it a challenge each time a customer asked about the location of an obscure Super-Saver product, and I began to memorize aisle numbers. For my efforts, I was given increased power and was eventually assigned to sort the incoming merchandise and attach a sheet of price stickers to each item...

Author: By William F. Hammond, | Title: Folding Cardboard in the Back | 3/17/1981 | See Source »

...course, there were bad days at the Super-Saver, like when I sorted cases of Super-Saver soda, deciding which ones had too many maggots infesting them after nine years at the warehouse. Shoppers, outraged about inflation and economic inequity, often directed their anger at the handiest extension of the capitalist hierarchy--me. And I had to endure repeated performances of the 101 Strings version of "Across the Universe...

Author: By William F. Hammond, | Title: Folding Cardboard in the Back | 3/17/1981 | See Source »

...even have control over our own store. Everything was decided by the Central Office. They told us where the lawn mowers should be put on the shelf, and where the shelf should be put in the store. They even told us exactly what to say at night. "Attention Super-Saver shoppers. It is now 9:30 p.m., and Super-Saver is preparing to close. Please-bring all final purchases forward for a quick and efficient check-out. Super-Saver will be open again tomorrow morning at nine for your shopping convenience. Good night from Super-Saver obviously not your average...

Author: By William F. Hammond, | Title: Folding Cardboard in the Back | 3/17/1981 | See Source »

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