Word: bond
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Dates: during 1980-1989
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...relief felt in the financial community from Volcker's comments was strong. Bond prices have been tumbling for months as interest rates climbed, but they immediately picked up after he spoke. The strong bond market helped set the stage for the stock rally. With some top-grade corporate bonds paying 13%, there has been little incentive to invest in the shares of corporations, where the dividends are lower and the risk of potential capital loss much higher. But when evidence began to pour in that bond yields had at least leveled off and might fall, stocks suddenly became more...
...events, Ramirez presented himself two weeks ago at the nearby St. Paul jail in response to a grand jury indictment charging him with cocaine smuggling and tax evasion. Last week Ramirez, who says he is in the air-charter business, pleaded not guilty and was released on $200,000 bond-the required 10% of which was raised by a number of townspeople. The indictment alleged that one of Ramirez's planes was found abandoned on Grand Bahama Island last year with 397 Ibs. of cocaine on board (street value: approximately $90 million...
...life into a little dungeon of time. It is a way of being controlled, of being rendered immobile and helpless. One can read a book or sing (odd looks from the others) or chat with strangers if the wait is long enough to begin forming a bond of shared experience, as at a snowed-in airport. But people tend to do their waiting stolidly. When the sound system went dead during the campaign debate in 1976, Jerry Ford and Jimmy Carter stood in mute suspension for 27 minutes, looking lost...
Lilco has cut nearly 1,000 jobs, trimmed wages and reduced its budget by $100 million. But that is not expected to be anywhere near enough. Even if Lilco makes it through the summer, more pressures await in the fall. The utility faces a $90 million bond redemption in September that it says it cannot pay on time. If the bondholders demand money just the same, Lilco could be forced into bankruptcy...
Rourke and Roberts develop a magnetic bond between their two characters, and that alone makes the movie worth seeing. At one point, when Rourke's Charlie realizes that Paulie knew all along that they had dangerously robbed a mobster's safe, Charlie fiercely slaps Paulie around and then surprisingly pats his face tenderly. This combination of fierce love and angry concern keeps the two together, leaving them with no one else. The two encounter the mob, and almost succumb until Charlie plays his trump card, and finally shows that while he can stand on his own, he still needs Paulie...