Word: term
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Dates: during 1990-1999
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...chief investment officer of Spears, Benzak, Salomon & Farrell, an investment firm. But he believes the dagger is well sheathed: "Interest rates have probably about run their course." Abby Joseph Cohen, who chairs the investment policy committee at Goldman Sachs, is more emphatic. Says she: "I think yields on long-term bonds cannot move much higher and stay there on a sustained basis...
...hasn't the Fed officially warned that it has a "bias" toward making money and credit tighter? Yes, allows the board, but the Fed may already have accomplished as much tightening as necessary--or maybe more--by subtle measures. True, it may kick up the "Fed funds" (very short-term) interest rate it controls by a modest quarter percentage point at its rate-setting meeting at the end of June--"just to prove it can do it, for practice," in Farrell's words. But such a move has been so widely expected, and discounted, that board members think...
...During the perennial debate over partial-birth abortion, something important changed, but the extremists running the show were so dug in that they let the moment pass. For the first time in decades, pro-choicers (and the much desired soccer moms) were confronted with the statistics showing that late-term abortions weren't quite so rare or performed solely in grave circumstances and that the "health of mother" exception had expanded to include numerous gauzy psychological factors. The 1973 trimester construction of Roe v. Wade seemed at odds with what our eyes could see. Viability comes sooner...
...pipe bombs underneath two L.A.P.D.. vehicles, which were found before they detonated. The next month, Hearst was arrested and gave up evidence against the remaining guerrillas before being sentenced to seven years. (She claimed the S.L.A. had brainwashed her, and served two years before President Carter commuted her term.) Soliah and Kilgore remained at large...
...president, Rudenstine also approves tenure decisions for all nine of Harvard's faculties, oversees the activities of upper-level bureaucrats and shapes the University's long-term direction and policies...