Word: bond
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Dates: during 1980-1989
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...judgment of more than $130 million to a Peruvian mineral-marketing company that lost money in the debacle. The verdict could hurt the Hunts' chances in two class actions filed by 17,000 other silver investors. While appealing the judgment, the Hunts are required to post a $225 million bond, which might force them to hold a garage sale of some of their most prized belongings. The brothers hope to get out of posting the bond through their bankruptcy filing. The maneuver could buy them time, but if they continue to lose court decisions, they could someday be truly down...
...Telephone guarantees the employee's job for up to six months of unpaid parental leave. Mike Liquori, 34, a customer-service representative, took a four-month leave starting last October to care for his infant son Luke after his wife's maternity leave ended. Says Liquori: "It created a bond between Luke and me that maybe wouldn't be the same if I hadn't been there...
Razo's defender, John Barnett, of the Santa Anna-based law firm of Stewart and Barnett said that he "has reason to believe that [Razo] might make bond," which was set last spring...
...huge blocks of stock at Drexel's behest to push forward the firm's takeover deals and to reap millions of dollars in illicit profits. Five others were charged as participants in Drexel's schemes: Milken's younger brother Lowell, an attorney who works in the company's junk-bond department; Cary Maultasch and Pamela Monzert, traders for the firm; and the Miami-based industrialist Victor Posner and his son Steven...
...will turn completely on Boesky's credibility, and Boesky has a clear motive to lie and fabricate." For its part, the SEC claims that it has substantiated its case with transaction records and testimony from Drexel employees, most notably Charles Thurnher, a senior vice president in the junk-bond department. Says Gary Lynch, the SEC enforcement chief: "We are determined to litigate this to a conclusion...