Word: squeezees
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The $4 billion is needed, in spite of the prospective balance of the budget, to pay the Treasury's bills until tax collections pick up early next year. The Department also expects to raise another $2 billion or $3 billion before January, but does not know at what rate...
By questioning almost every item that went through his office ("If it's to cost a nickel, then the nickel must go through here"), Iowa-born Wilfred McNeil, who never finished high school, got the services to squeeze out hundreds of millions of dollars a year in savings. Example...
Alberto Giacometti, 57, is a hungry sort of spaceman who eats away the forms he makes, leaving space supreme. "I see reality life size," he once remarked, "just as you do." But his portraits got smaller and smaller. He would carry them in his pockets, like peanuts, to the Paris...
The tight-money squeeze sent business borrowing costs to their highest level since 1931. Banks all over the nation raised their prime rate to 5% after the pace-setting First National City Bank of New York boosted its prime rate from 4½% to 5%. Since the 5% applies only...
The Treasury's troubles are a key part -but only a part-of the squeeze on money. Because of the new boom, there has been a large rise in business loans, which have soared from a recession low of $52 billion in May 1958 to $58 billion last month...