Word: short-term
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...mortgage seeker knows, S and Ls and savings banks do not now have much money available for new home buyers. Many S and Ls are quickly reinvesting any money deposited with them in high-yielding, short-term certificates of deposit with major banks, an understandable move aimed at getting a greater return than is paid for long-term mortgages. But this has resulted in a decline of the money available for mortgages from $99 billion in 1979 to $71 billion last year...
...hopes to remain at the K-School after this semester "as long as a one-day-a-week arrangement proves mutually agreeable." Eizenstat said he has already planned approximately eight seminars on the making of federal domestic policy. He added that he turned down an offer of a short-term Institute of Politics fellowship to leave himself the option of staying beyond this semester as an instructor and to allow him to continue his law practice in Washington...
Despite the economy's surprisingly strong performance in the last three months of 1980, when it grew at a 5% annual rate, the short-term outlook for the U.S. economy is somber. TIME'S board foresees another year of stagnant production and rising prices in 1981. Interest rates, which rose to more than 20% last December, continue to hurt seriously the all-important housing and automobile industries. The result: the output of goods and services is expected to drop by about .5% in the first half of this year. Concluded Greenspan: "The economy remains weak, and the numbers...
...faulted for the worker's major grievance--the low wages paid many of the company's employees. The low pay-scale is a rational response to the transient nature of the Square's labor force. Many of the stock and sales personnel are recent college graduates only interested in short-term work. It is more profitable for management to exploit high employee turnover and pay low wages than to try to make employees become more productive and stay for longer periods of time. The existing policy might be tolerable for the Coop's younger workers, but it is unfair...
...while both the undergraduate Third World Center Organization and Bok agreed in principle to the long term goal of the Gomes Committee recommendation--better race relations--disagreements over the short-term criteria of success remain...