Word: withstanding
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When Lehman Bros, and Kuhn Loeb announced merger plans last week, the proposal engendered much fear and trembling in the financial community. It was an indication that not even the most venerable and standoffish Wall Street houses can withstand the agonies of attrition that are engulfing the brokerage and investment banking business. Some other indications: 384 member firms of the New York Stock Exchange reported total profits for the first nine months of 1977 down 61 % from a year earlier, mostly because of competitive price cutting on commissions; more than 100 firms suffered losses. In the past five years...
...parts, having stopped the reconditioning of used computers six years ago. The company will sell at giveaway prices 125 obsolete model 1401 computers it has currently on lease in India, along with its facilities there. Analysts wonder if IBM's policy of 100% control will be able to withstand the assault-at home and abroad...
...graduate running for city council on the slate, said "the system is bad in that sense--it creates an incentive to find minor points of difference and then blow them up." Sullivan, as well as the other convention candidates, insists that although the tensions exist, the Convention unity can withstand them. Every Convention candidate interviewed said that he or she can work with any candidate on the slate...
...Crimson defense, glued together by captain Fred Herold's uncannily strong performance in goal, battled through two 45-minute halves and a pair of 10-minute overtime periods to withstand the Big Red's formidable offensive firepower...
...goals of socialism can withstand disillusionment where the activism of the '60s failed, Michael L. Walzer, professor of Government, told a group of about 30 people at a meeting sponsored by the Harvard Democratic Socialists Organizing committee (DSOC) last night...