Word: six
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Dates: during 1980-1980
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...more times the Fed will feel compelled to "beat the economy about the head" before people believe that the bank is serious about controlling the money supply. Eckstein jokingly asked whether the Federal Reserve's vacillating policy of first tight money and then loose money was creating "the six-month business cycle," alternating between boom and bust...
...economical K-car. Even the once popular sub-compact Dodge Omnis and Plymouth Horizons are selling poorly, and dealers now have more than a 120-day supply, twice the desired amount. As the auto industry last week prepared for its annual holiday shutdown, only three of Chrysler's six assembly plants were operating. The company, which had once vowed that it would earn a profit in the fourth quarter, will probably lose more than $200 million between October and December. That would push its losses for 1980 to an astonishing $1.7 billion, breaking the current record for the highest...
Though the Justice probe of unconstitutional acts implicated 68 present or former FBI agents, more than half got immunity from prosecution in exchange for their cooperation; cases against nine others were scrapped, and six received token administrative punishment. The charge against Gray, 64, was dropped because key witnesses changed their stories before trial, and damaging testimony expected in the Felt-Miller proceedings never materialized. Gray called the prosecution "malicious" and said he might sue the Government to recover his six-figure legal fees and to get compensation for the harm he has suffered. He, Felt and Miller can count...
DIED. Peter Gregg, 40, U.S. driver who had dominated sports-car racing since 1971; of a self-inflicted gunshot wound; in St. Johns County, Fla. Gregg, who drove modified Porsches to victory in 47 races and six annual championships of the International Motor Sports Association, once said: "Winning is no longer that important. I just don't want these other guys...
...level at least, you could say that the Wild Things are Jewish relatives." At first those relatives were not encouraging to young Maurice. He remembers being "a miserable kid who excelled neither scholastically nor athletically." But he could draw, and he could read. When he was six, he collaborated on a book with his older brother, and when his big sister gave him books for birthday presents, he found a land as new as the one his Polish immigrant parents had sought...