Word: short-term
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...slim, smiling Quoc Cong Tran, 16, who arrived at a San Francisco high school from Viet Nam six months ago, language instruction means a minimum of short-term help in classroom Vietnamese, while he loads up on English in courses called English as a second language. "My future, I choose American," says Quoc...
...pros as William Hickey, Robert Loggia and Lee Richardson, represent, despite their line of work, traditional values. They take the long, institutional view of their enterprise, understanding that its greatest asset is its reputation for squaring accounts with rigorous fairness. To preserve it, they are willing to sacrifice short-term advantage. Irene, in contrast, represents the M.B.A. mentality, feminist division. She wants each new balance sheet to improve on the last, and will cut dangerous corners to attain that end. And pioneering an occupation previously closed to her sex, she takes even more chances to show the guys...
...Agusta Alexander Clark, a Goode ally, is worried. "The brother was Mr. Teflon," she said. "He's been scratched now. The question is, Has he been scratched all the way down to the base metal?" Chuck Stone, veteran black columnist for the Philadelphia Daily News, thinks he has: "The short-term rallying round by blacks and the business community will disappear as Goode begins to make mistakes." But Goode does not sound concerned. "I've had a charmed life as mayor because I've learned the arts of compromise and negotiation," he told TIME last week. "I will run again...
...bounced check. After overdrawing an account at one bank, a person or institution pays the overdraft by writing another check, which overdraws an account on another bank. With some quick moves, it is possible to stay just ahead of the bankers and in effect obtain an interest-free, short-term loan...
...checks from other Hutton branches. In addition, 83 Hutton offices were involved in multiple transfers that moved money among a series of banks on its way between Hutton offices. As much as $10 billion was involved over a 20-month period starting in July 1980, during which time short-term interest rates rose to more than 20%. Thus the practices provided E.F. Hutton with interest-free loans of as much as $250 million...