Word: saves
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Dates: during 1970-1979
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...tightly knit clubs, and hardly anything has agitated their members more than the question of whether to let in the managers of mutual funds, pension funds, insurance companies and bank trust departments. By forming or buying brokerage subsidiaries that could trade on the exchanges, these institutional investors could save tens of millions of dollars every year in commissions. Many old-line brokers fiercely opposed institutional membership out of fear that they would lose commissions. Last week the Securities and Exchange Commission came out with a curious compromise: it ordered the exchanges to admit the institutions-but under conditions so restrictive...
...sell him shares in the fund. But the biggest institutions have little chance of generating a public brokerage volume four times as large as their own trades, and thus would have to continue funneling most of the fund transactions through outside brokers. Accordingly, they could not save enough on commissions to make significant reductions in the fees that they charge to buyers of mutual-fund shares...
...Imagination" and "soul" are words that occur again and again in these essays. They are still alive, if not always well, in the Third World, Paz believes, and his primary concern is to save them. In his quest for allies he ranges far and wide. He examines fellow Latin American artists like Pablo Neruda (whom he calls "a poetic continent") and the film maker Luis Bunuel (whom he compares to Goya). He looks to Marshall McLuhan, then looks away from him -as a "prophet," alas, only of Madison Avenue...
...having the characters-the mistress, the father's comrades-look in flashback as they do in the present: the same age, the same aspect, even, at times, a suggestion of the same costume. It gives a disquieting, eerie sensation, like staring into a mirror and seeing everything save yourself decades younger...
...great nations of the earth have entered into the unmeasurable war since the terrible days of August, 1914. save our great nation. All of them have in the war found increased strength, a new vision, a knowledge of their own unsolved ideals. There is no question now as to what England represents, or Germany, or France. In the strength of national unity for a single mighty purpose they have found themselves. The United States alone has rested with its ideals unrealized, without consciousness of its own goal...