Word: scharff
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Dates: during 1980-1989
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Some focus heroically on the bright side. "It's exciting," says Monroe Scharff, a Bush neighbor. "How often do you find a beautiful place that is ; also the summer residence of the President of the United States?" And selectman Joe Finn trumpets, "We've been in the London Times and the Hong Kong Daily News...
...American auto industry now depends more on the state of the U.S. economy than on new models from Detroit. Only a substantial decline in interest rates is likely to spur auto sales. Until then, the Big Three will probably continue chugging along in first gear. -By Edward E. Scharff...
...seems to increase. Those doubters predict that the cost of crude will have to go much higher before synthetic fuels are truly competitive with petroleum. Thus many of the ambitious plans for turning coal into oil and gas may stay on the drawing boards for years. -By Edward E. Scharff. Reported by Robert T. Grieves/New York and Gary Lee/Washington
...story gave some thought to their own savings. Like many consumers, they developed mixed feelings about the new financial revolution. Marc Levinson of the Atlanta bureau wonders if "the time involved in shopping around for just the right investment plan outweighs much of the benefit." Staff Writer Edward E. Scharff, who wrote the story, has invested in money-market funds but still keeps a conventional savings account. Says he: "It's nice to know you have money in a local bank where you can touch it and see it." But Editor Taber takes a bright view...
...cars by about $351, the sticker price for the average GM car climbed just slightly above $10,000. A decade ago, such a five-figure price tag was reserved for fancy limousines and recklessly expensive sports cars. Today it would buy only a modishly equipped Oldsmobile Delta. -ByEdward?. Scharff...