Word: seniors
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Dates: during 1970-1979
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Blenda J. Wilson, senior associate dean in the Faculty of Education, said Friday the items removed came from individual faculty offices and open lobby areas on the different floors...
...Chicago. "It is stiff medicine but very much needed medicine, and I applaud the Administration for having the courage to apply it." Ford Motor Co. Vice Chairman and President Philip Caldwell said the dollar-saving moves should "slow inflation and re-establish growth on a healthier basis." Richard Kjeldsen, senior international economist for Security Pacific National Bank in Los Angeles, asserted, "The President's economic package is drastic, abrupt and volatile?it's just what the doctor ordered...
...those who went so far as to sell short in dollars, last week's U.S. measures proved expensive. "We sure hope that we mousetrap some bastards with this," gloated one White House senior aide. And although traders named no names, they indicated that some speculators had been hurt. Said a veteran money dealer in Brussels: "One or two companies got their fingers burned right up to their armpits...
Corporate belt tightening, price increases and the continued buoyancy of the economy all helped to increase profits. Kemble Stokes, a Commerce Department senior economist, adds another, more intriguing reason. During the third quarter, the U.S. managed a jump in nonfarm productivity of 3.7% at an annual rate, compared with a first-quarter decline. The increase was startling because productivity has slipped badly in the U.S. since the mid-1960s, partly as a result of the flow of less skilled people into the labor force and the proliferation of costly government regulations. For the past five years America's rate...
...with impressive results. The region's biggest bank, Boston's First National, attracted NOW depositors from all 50 states and some 70 foreign countries. In fact, about 20% of the funds in the bank's NOW accounts come from depositors outside of Massachusetts. Says Kenneth Rossano, senior vice president at the bank: "Nationwide NOW accounts are inevitable...