Word: investments
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Dates: during 1950-1959
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...discuss fringe benefits, including higher layoff pay. Instead, G.E. offered a new security-and-savings plan, based on a worker's earnings, to be financed by lowering automatic pay boosts. For every $1 contributed by an employee (up to 6% of his earnings), G.E. offered to contribute 50?, invest the money in G.E. stock or U.S. savings bonds. G.E. computed that a worker making $5,000 per year would have as much as $5,281 worth of bonds in his savings fund after ten years. The plan got nowhere with high-voltage Jim Carey, who last January called...
...they had, says Lanston, the Treasury issue could not have been successful, since neither banks, institutions, nor individuals had enough cash surplus to invest in Government bonds. While some speculation may have been excessive, says Lanston, the excesses tend to be self-correcting. "I am sure that a number of speculators will not want to try again soon. Their losses were too severe...
...referendum should give de Gaulle the popular legitimacy he needs and wants. The subsequent course of the new state will depend on two things: Algeria and the November elections. Whether de Gaulle will invest his authority in an attempt at putting a rapid end to the Algerian conflict remains to be seen, for the margin of action is so small that the referendum is not likely to make a big difference...
...into a federally controlled economy, then labor and business must be careful about this whole problem of pushing wages each year above those rates that imply or show the increases in productivity. And business must make its profits of such a scale that where they can still continue to invest money they are not robbing the public. Because if they do, just as sure as you are a foot high, one day the American consumer is going to rebel. He is going to rebel in a big way, and there will be real trouble...
...Arthur Jansen, partner in W. E. Burnet & Co.: "The market is too high. At these levels it would take a couple of years for the improvement in earnings to catch up with market prices. If someone came to me with money to invest, I'd advise putting part of it in the bank...