Word: bond
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...himself one of rock's more adaptable creatures. Now 50, the creator of such best-selling albums as The Rise and Fall of Ziggy Stardust and The Spiders from Mars has become the first entertainer of any stripe to "securitize" himself. Last month staid insurance companies turned into rock-bond groupies, excitedly buying up $55 million of so-called Bowie Bonds privately placed by Fahnestock & Co., a New York City investment firm...
...effect, the bond sale allows Bowie, who reportedly is worth more than $100 million, to collect his royalties up front. And by using some of the proceeds to buy out a former manager, Bowie will gain total control of his music--a rarity for an artist. With advantages like that, can Frank Sinatra Securities or Stephen King Coupons...
...Poor's 500 and the New York Stock Exchange composite index both set new records. Can anything stop this expansion? The economy is continues to grow at a moderate rate, keeping inflation and interest rates low. As a result, investors continue to pour money into mutual funds: Stock and bond funds received an additional $27 billion last month. The six-year bull market, which has seen the Dow rise from around 2,400 in 1990, shows little sign of letting up. All that good news has investors confident of still higher markets, which is exactly what worries some analysts. "Unbridled...
Advocates of low-income housing also have proposed a new 1.5 percent fee on all sales of residential property and a major bond authorization, in order to fund the non-profit purchase of former rent-controlled buildings...
TIPS promise a twofold benefit: first, to safeguard investors' principal against the ravages of rising prices; second, to cut the cost of financing America's $4 trillion national debt. Wall Street too is happy: bond dealers get a new plaything in the bargain. Gushes Deputy Treasury Secretary Larry Summers: "This is a win-win idea: better for citizens, better for government, better for financial markets...