Word: bond
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Dates: during 1980-1989
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...depressed earnings were just one sign of Wall Street's myriad woes. Drexel Burnham Lambert, the junk-bond pioneer, said last week it plans to sell its retail brokerage business, which trades for small investors, and concentrate on large institutional clients. That move and cutbacks in other divisions will slash Drexel's payroll of 9,000 employees by about one-third. In a candid statement, Drexel said "adverse publicity" about its legal problems had helped drive it from the retail market. Earlier this month the company settled a Securities and Exchange Commission suit by agreeing to fire its indicted junk...
...theater? Answer: Definitely not!") But soon the marketers of TV had a brainstorm: promoting the new device as a way of bringing the family together again. "There is great happiness," exulted an ad for DuMont sets, "in the home where the family is held together by this new common bond -- television." Another promotional piece listed the things that "took the family away from home" -- including baseball, vaudeville and movies -- and presented TV as the family-saving alternative. (The job may have been done too well; today a lot of parents might welcome a baseball game...
Despite their odd quirks and diverse backgrounds, a bond develops between the teammates, and somehow they find themselves winning--a situation that the swanky owner will not tolerate...
Knowing that even their owner wants them to lose and, in fact, does everything she can to make them lose, the players bond together and battle as a team...
...workstations has consisted mainly of scientists and engineers. But gradually other users in search of higher performance have been attracted to the machines. The Houston Chronicle has 65 Sun computers in place for its printers and artists, and will soon add 35 more; Greenwich Capital, a Connecticut bond-trading firm, uses five dozen Sun machines...