Word: bonde
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Dates: during 1970-1979
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Aggravating the conflict was the arrest Friday of AIM Firebrand Russell Means in Los Angeles. Means faces eleven counts on various charges in connection with the takeover. When a Deadwood, S. Dak. court caught Means in a technicality relating to the filing of his $25,000 bond, Judge Andrew W. Bogue revoked the bond, and a warrant was issued for Means' arrest...
JOHN MITCHELL, 59, former director of the Committee for the Re-Election of the President (C.R.P.) and a onetime law partner of Richard Nixon's in the Manhattan firm of Nixon Mudge Rose Guthrie and Mitchell. A dour, pipe-puffing municipal-bond lawyer, Mitchell was also Nixon's closest political confidant. As Attorney General from 1969 until early 1972, he was the exemplar of the tough law-and-order man, who claimed the authority to tap the telephone of anyone whom he considered a security risk...
...Budget in 1969, and two years later was named chairman of the Atomic Energy Commission. His prodding of utility executives to pay more attention to environmental safeguards impressed the President. When industry leaders complained, Schlesinger told them: "Gentlemen, I'm not here to protect your triple-A bond ratings...
...this analogy is loaded in favor of the current investment policies that Harvard practices. Although fruit and branches are distinctly different substances, "income" and "capital gains" are really the same thing -- money. The decision to keep capital gains in the endowment and to define usable income as dividends and bond interest is basically a matter of conservative financial habit, not of any accepted pattern of economic rationality...
...waiting in the wings, Burns then elaborated a plan for a split prime rate that he believes could take the political heat off the banks. He promised to have specific guidelines ready within a month. Under his program, the cost of loans to giant corporations, which can tap the bond or stock markets for money when that seems better than borrowing from banks, will be keyed to the movement of other interest rates. Right now, that would be sharply up. The prime rate for smaller businesses-say those seeking bank loans of less than $500,000-would not be allowed...