Word: white-collar
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BANK RECORDS. Worried about the financial legerdemain of white-collar criminals, the Secretary of the Treasury took advantage of the misnamed Bank Secrecy Act of 1970 to impose far reaching regulations. Effective in 1973, U.S. banks were required to keep copies of checks of $100 or more for five years; if the Government asked to see specific copies, the individual who wrote the checks would not necessarily be informed, though the bank could resist on its own and force the Government to get a subpoena. The regulations further specified that banks must automatically report to the Internal Revenue Service cash...
...tyrannize the imagination of the community. A woman I know from the neighborhood stopped spending evenings with Cambridge friends for fear of walking alone the 50 yards from the trolley to her house on the return trip. That memories of these assaults should linger in this neighborhood of mostly white-collar workers and students is understandable; in a neighborhood so transient that the entire population probably changes every couple of years, there are few reliable neighbors to call, few reassuringly recognizable faces to assuage the fears of violence...
...research shows that during the last century, blue-collar workers were able to make moderate gains in economic status throughout their careers. Their children were much less likely than the children of white-collar workers to begin or end careers at white-collar jobs, but even so, 40 per cent of all blue-collar sons finished their careers in white-collar jobs. Thernstrom concludes...
Much of The Other Bostonians is devoted to discovering why social mobility is greater among some groups than among others. Although children of white-collar parents are much more likely to be upwardly mobile than are those from blue-collar families, social origin alone was insufficient to explain the social mobility apparent in Thernstrom's statistics...
Corcoran said the complex, which will also house Draper's research in oceanography and other non-military sciences, will employ about 300 blue-collar workers and a thousand non-professional white-collar workers, as well as some research and development specialists...