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Margin Calls. How had Cornfeld got into such a fix? I.O.S. is a financial conglomerate that makes money in three ways: 1) from commissions on the sale of mutual funds to the public, 2) from fees for managing those funds, and 3) from underwriting, banking, real estate and insurance operations. But the prolonged bear market has reduced the asset value of most I.O.S. funds, and sales have been lagging. Commission income has fallen, and management fees are down because assets have shrunk...

Author: /time Magazine | Title: Mutual Funds: Farewell to Cornfeld | 5/18/1970 | See Source »

...student contacted yesterday refused to talk to reporters, explaining that he needed permission from the Public Relations Office before he could say anything. "Why don't you talk to the Public Relations people?." he asked. "I'm sure they could fix up a real nice talk with some students...

Author: By Garrett Epps and Scott W. Jacobs, S | Title: Where Cambodia Is Still Studied Under Geography; Bob Jones Univ. | 5/12/1970 | See Source »

...went into one old woman's apartment that had an inch-wide crack running the width of the ceiling. I tried to tell her that with rent control, she could force the landlord to abide by the housing code. She could make him fix the crack...

Author: By Gary Snyder, | Title: Stay in the Streets: Why | 4/13/1970 | See Source »

...issue than welfare reform. Mills thought that Nixon would fail to push for the bill, then charge the Democrats with not caring about people for not having expedited it. His way out of the trap was simple. "If he is playing politics," Mills said, "the thing to do is fix it up and give...

Author: /time Magazine | Title: Welfare: Wilbur the Shrewd | 3/23/1970 | See Source »

...humming: "Have a repairman, living with you." But General Electric contends that fewer than 3% of its toasters, electric coffeemakers and other housewares are repaired under warranty today, compared with more than 6% ten years ago. Trouble is, today's appliances are so complex that they are tough to fix when they break down and, as a G.E. officer says, "the consumer is more conscious of malfunction today than ever before...

Author: /time Magazine | Title: Business: America the Inefficient | 3/23/1970 | See Source »

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