Word: bond
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Dates: during 1980-1989
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...already the head of the urban-resistance campaign. He helped found the Tercerista faction, or Third Party, within the divided Sandinista movement, which forged an alliance with the widespread middle-class opposition to Somoza. Mainly on the strength of that bond, the Sandinistas came to power. After serving as the first among equals in the party command and in the nine-man National Directorate, he won the presidency in a 1984 election that was boycotted by most of the moderate opposition parties. His brother Humberto became Defense Minister...
When news of Packwood's proposal flashed across brokerage-house computer screens Wednesday morning, the municipal-bond market was thrown into turmoil. As prices plummeted, Prudential-Bache Securities and other firms temporarily shut down their municipal-bond operations. New York City officials, citing "chaotic market conditions," postponed a $450 million bond sale. Chicago's finance officers put a hold on a $50 million offering, fearing they would have to pay an extra 1.5% to 2% interest to woo jittery investors. Said John Noonan, a manager at John Nuveen & Co., the Chicago municipal-bond firm: "Packwood didn't know what...
...creating still another split within his fractured organization, refused to accept the resolutions. Accordingly, an angry Hussein, who thought he had previously reached an agreement with Arafat, announced that he was unable to continue to work with the P.L.O. leaders "until such time as their word becomes their bond, characterized by commitment, credibility and constancy." The sympathies of West Bank Palestinians were torn, as always, between Hussein and the P.L.O. Some hoped, as did the Israelis, that Hussein might attempt another initiative in league with the local leadership of the occupied territories. But Hussein gave every indication last week that...
...unable to continue to coordinate politically with the PLO leadership until such time as their word becomes their bond," he said in a recorded television speech that lasted more than four hours and included a detailed review of his efforts to make plan work...
...images flashed on the big screens is that of the shuttle. "It's one of our most common national symbols now," he said. "Right after the bald eagle." Along with its predecessors, stretching back to the first Redstone rockets, it remains even now a symbol of America's common bond as a nation, in times of both triumph and tragedy...