Word: bond
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Dates: during 1980-1989
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...Malone is right, Kennedy has won re-election in the past not because people share his ideology, but because they share a "cultural bond to the Democratic party." This time, Malone says voters will back him because, "I'm the first generation candidate, I'm the one from Waltham, I'm the one who understands the concerns of working men and women. Ted Kennedy's out of touch with those people...
...Sand declared Yonkers in contempt of court for refusing to obey his order to help private developers build 800 units of moderate-income housing. The judge began levying fines that doubled daily against the city and would leave it bankrupt later this month. Yonkers promptly lost its already poor bond rating, rendering it unable to borrow. Fines of $500 a day were imposed on the recalcitrant councilmen...
...enormous strength at home. It offers a full roster of investment services, including underwriting, money management and research. Nomura handles nearly 17% of all stock trades in Japan; its nearest rival, Daiwa Securities, has a 12% share of the market. Nomura claims an equally commanding slice of the bond market, 19%, vs. 12% for Daiwa. Nomura and Daiwa, along with Nikko Securities and Yamaichi Securities, are known in Japan as the Big Four. Says a Nomura director, with a mix of arrogance and pride: "It's not really the Big Four. It's Nomura and the Little Three...
This year the firm introduced a contemporary equivalent: a computerized home investment service. Nomura customers who connect their home computer to their telephone can press a few keys and bring to the screen the latest listings of stock and bond prices and other information. With a few more taps, customers can signal their investment choices...
Judge Brinkema was unconvinced. If Hudson did not have enough evidence to charge Hawamda with plotting murder, she ruled, Hawamda could not be denied bail on that charge. He was ordered released on $250,000 bond, but remained in custody pending an appeal by Hudson early this week...