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...yield feels like 5.13% to a taxpayer in the 28% bracket, compared with the taxable Tnote's 4.20%. And that's before taking into account any exemption from state and local tax. "Yields are still cheap compared to Treasuries'," says Zane Brown, director of fixed-income investments at Lord Abbett. Baby boomers in peak earning years are especially well positioned to reap the tax benefits of munis, says Brown, who recommends high-quality bonds, rated...

Author: /time Magazine | Title: Investing: The California Bond Rush | 4/19/2004 | See Source »

...Lord, Abbett...

Author: /time Magazine | Title: Business: Where the Big Blocks Are | 1/30/1978 | See Source »

...giving an interview to a reporter from Rio de Janeiro. The ladies of Plains, in best Southern tradition, had baked up a storm. Rosalynn Carter's mother produced her choice butternut cake a day early for fear she'd be too excited on Election Day. Contractor Robert Abbett was sawing and hammering the stand on which the favorite son would speak...

Author: /time Magazine | Title: No Longer a Way Station | 11/15/1976 | See Source »

...Plains it's more than a matter of loyalty. A Carter victory guarantees a minor boom on Main Street. Contractor Abbett was already thinking about facilities for the Secret Service and Georgia troopers: "I hope I get my share of that work." Angie Stevens, manager of the Back Porch, a post-convention sandwich shop, had a forthright view of Election Day: "If he wins, we'll be here for five more years. If he loses-well, we've had a helluva good time...

Author: /time Magazine | Title: No Longer a Way Station | 11/15/1976 | See Source »

Airport planning, under the engineering firm of Tippetts-Abbett-McCarthy-Stratton (TAMS), was so far ahead of its time that many features resulted in an updating of FAA regulations. New patterns of lighting for both centers and edges of runways, as well as brighter, low-glare runway signs for pilots, will now become mandatory. TAMS also persuaded the FAA that conventional twelve-inch runways were not thick enough. DFW uses 17 inches of concrete, enough to receive million-pound aircraft (a fully loaded, stretched 747 weighs 880,000 lbs.). Furthermore, the runways are designed for thickening to 24 inches...

Author: /time Magazine | Title: Environment: Airport for 2001 | 9/24/1973 | See Source »

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