Word: plan
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1980
Sort By: most recent first
(reverse)
...contrast, the board's Democrats questioned whether the plan would lower inflationary expectations. They pointed out that one of the main causes of higher prices is the anticipation of more inflation, which leads both labor and companies to keep pushing up wages and prices. As they see it, there is almost no chance of a major reduction in prices during the first half of next year, and large tax cuts now might encourage everyone to start asking for more in expectation of still higher inflation. Said Economist Eckstein: "The scientific evidence suggests that the only thing that improves inflation...
During the past two weeks, Chrysler Chairman Lee Iacocca conceived and put together the latest rescue plan with the precision of a Swiss clockmaker piecing together a masterwork. Iacocca boldly asked every one of Chrysler's associates for another substantial financial concession to keep the company alive. The elements of the newest rescue package...
...goal of the plan, which will reduce Chrysler's overhead by nearly $700 million and increase its assets by $1 billion, is to convince the Government's Loan Guarantee Board that the company is worth the risk of extending another $400 million in loans. The firm has already received $800 million in Government-backed loans...
Even if the plan is accepted by all the parties involved, the ultimate survival of Chrysler will depend on selling the slow-moving K-cars in a recession-battered market. Without an upturn in car sales, no special deal will be able to keep the nation's 17th largest out of bankruptcy court...
Despite the good news last week, the legal battles are far from over for Felt and Miller. They plan to appeal and, more important, they must prepare for a string of civil suits brought by those whose homes were broken into...