Word: saversion
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But if I.D.S. paid off the savers, it had trouble making money for its own stockholders. They have gone twelve years without a dividend, and the company's stock was selling as low as $3 a share in 1949, just before Financier Robert R. Young's Alleghany Corp...
But lack of mass-production experience got the plant snarled up. In 1948, the British brought in Heinz Nordhoff, who, as boss of General Motors' Opel subsidiary in Brandenburg, Germany, had run the biggest prewar truck factory in Europe. Nordhoff inherited a weird setup. No one knew who owned...
Meanwhile other thinkers produced a variety of other life savers, among them a suit of aluminum pajamas, a lead foil brassiere to protect "mammary projections" and a lead girdle (which would be valueless unless it were six inches thick) to protect the spleen. All were gently but firmly discouraged. So...
To corral small-fry depositors, Atlanta's Citizens' and Southern National Bank twirled a new rope last week. It set up a Hopalong Cassidy's Saving Rodeo. For a minimum deposit of $2, Hoppy's worshipers got a "tenderfoot" badge and a plastic bank shaped to...
In an article yesterday in the New York Times, Sumner H. Slichter, Lamont University Professor, outlined four ways to curb inflation and at the same time reduce consequent inequalities. They are: 1) cost-of-living wage adjustments under social security; 2) corresponding pension adjustments under social security; 3) rent control...