Word: solidities
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Dates: during 1980-1989
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...advantage of the 18-month deadline was that it would carry the whole controversy past the 1984 presidential elections, and thus would reduce its importance as a campaign issue. In announcing the proposed deal, Reagan declared that he was pleased with the congressional support on a "solid bipartisan basis." Asked who had won the dispute, White House Chief of Staff James Baker, who had headed a four-member Administration team that negotiated with congressional representatives, replied, "The country won. To the extent that there was uncertainty in Damascus and elsewhere as to what this Government would do, the uncertainty...
What will the 930 million shares of American Telephone and Telegraph be worth after the Jan. 1 breakup of the company? That is no idle question for the 3.2 million stockholders who make AT&T the most widely held firm. Because of its steady and solid dividends ($5.40 per share during the past year), Ma Bell has long been called the perfect investment for widows and orphans. Last week AT&T closed at $66.75. But the future course of the company after its dismemberment looks murky, and many bewildered shareholders are wondering whether they should buy, sell or hold. Says...
...altitude record alone in the sky over his desert. In fact, the two events took place 17 months apart, and this is one of the more dubious symbolic linkages. But Sam Shepard, the playwright and occasional movie actor, has a wonderful, hypnotic stillness as Yeager. He is a solid rock on which to build a film and most pleasing to the old pilot, who worked on the film as bit player, stunt flyer and technical adviser. "He's not an exhibitionist, and he's not always putting on the air." Well, then, does that mean...
...next year or so, however, the recovery looks solid. TIME'S economists predicted that growth in the gross national product, after adjustment for inflation, would slow from its torrid 9.2% annual rate of the second quarter but still glide along at a healthy 4.4% pace in 1984. The unemployment rate is expected to drift downward from its current 9.5% level to 8.2% by the end of next year...
...been totally paid off for the Chrysler loan guarantees, Iacocca calculates that Washington earned $800 million in interest and fees on the deal. That works out to the equivalent of a 24% annual interest rate. Said Iacocca wryly: "I guess we can take some pride in having made a solid contribution to reducing the federal deficit...