Word: saverse
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None of this poses the smallest threat to the system's solvency. No major bank failures are expected; banks will be able to meet their loan commitments, and the hundreds of billions of dollars that savers have deposited in them are in no danger what ever (see box). But...
"When the bridge blew up in 1966, there weren't too many people throwing life-savers to me," Crane recalls. "They told me, 'Jesus, Ed, everybody knew you could swim.' Yeah, maybe, but the problem was when I swam, I didn't end up on the left bank."
Bumper Snatchers. Juan and Amy's planted ideas were purposely kept simple, explains Program Director George Kriste, so that others "wouldn't think they had to be an engineer to contribute." That was no problem, to judge by the number of engaging but totally impracticable suggestions that flooded...
Savings and loan associations normally lend more than half of the mortgage money that home buyers use to purchase houses, but this year they have had little cash to hand out. From April through September, the S and Ls lost almost $2.8 billion in deposits as savers withdrew their funds...
Ford also adopted an idea offered by Columnist Sylvia Porter: he solicited suggestions from all Americans on specific ways in which inflation can be fought and energy saved through the multiplied actions of millions of individuals. In his speech, Ford urged everyone "to join us in a great effort-and...