Word: walls
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Dates: during 1950-1959
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...Iran has been trying to import as much foreign money and knowledge as possible. Thanks to the Western-minded Shah, Iranian law now offers solid safeguards to foreign investors. The question, after what happened in neighboring Iraq, is whether the politically discontent will wait for long-range economic benefits. Wall Street is making an impressive bet on Iran's peaceful future...
Damning the Deficits. There was unemployment, still close to 5,000,000. "There may be prosperity again on Wall Street,'' the Executive Council declared, "but for the millions who are unemployed, the recession remains a continuing stark reality." The council's damn-the-deficits prescription: wage boosts, lower taxes, more government spending...
...imagine things. I see things." His love turns into hate, first suicidal, then homicidal. In the final scene, after Maria's husband has returned, Donato's mother motions Maria out of harm's way, aims the pistol in Donato's hand at a blank wall and sings: "Yes. my son, kill her!" Donato fires. Horrified but unharmed, Maria remains silent. As Donato and his mother leave to seek sanctuary across the frontier, the mother sings: "She is yours forever now . .. You're free...
...Wall Street's investors have virtually ignored the traditional inflation hedges-oils and metals (see chart), whose assets are in the ground and whose profits can be expected to keep pace with inflation. Instead, they are bidding for manufacturing firms, whose costs in a serious inflation will probably rise faster than retail prices, offering no protection to profits. So heavy is the buying that many blue chips have been priced almost out of the market. More and more investors are turning to low-priced speculative issues as repositories for their money. Such stocks represent only 6% of the value...
...first market corner in several decades occurred on Wall Street and caught short sellers in a classic trap-without stock to deliver unless they paid fantastic prices. The corner was nothing like those when Morgan and Harriman battled for the Northern Pacific, gobbling up so much stock that shorts had to bid Northern Pacific from $170 to $1,000 in one day. But it was bad enough. In a single day, the stock of E. L .Bruce Co., a small Memphis hardwood flooring manufacturer, jumped $100 a share after the American Stock Exchange ruled that short sellers had to cover...