Word: bonde
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Dates: during 1970-1979
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...Federal Reserve last year pushed down interest rates too far and too fast. Word went around the financial community that the board, in order to slow this precipitous decline, had decided to cut back on its expansion of the money supply. As a result, some investors, who had bought bonds in anticipation of a continued drop in interest rates, sold again, causing bond prices to drop and pushing rates back up.* Once rates began rising even slightly, corporate treasurers who had any thought of eventually borrowing decided to do so immediately, before rates rose still further. The increasing demand...
...civil rights movement of the '60s drew many of its leaders from this black middle class, including Martin Luther King Jr. and Julian Bond. Theirs was a generation that profoundly changed the attitudes of the nation, and those who remain in the neighborhoods they left are enjoying the fruits of that change. New jobs opened up for educated blacks, and their affluence is reflected in spacious homes, manicured lawns, swimming pools and two-car garages. Often scorned by militant blacks, the affluent middle class walks a line between memory of the old and pride over its success with...
...language of Britain but "above all, the language of America." He added: "Europe will only be Europe if she distinguishes herself-I don't say cuts off, I say distinguishes herself-from America." In many ways, Heath agrees. Unlike many of his predecessors, he feels no particular bond with the U.S. "Heath is not anti-American, he's un-American," British Author Anthony Sampson (The New Europeans) said recently. "He has no pull toward America, either through family, the war or friendships. He feels no reciprocity from America...
Actor Sean Connery made a name for himself-James Bond-in five rumbustious movies based on Ian Fleming novels. Feeling that this was too much of a good thing, he vowed nevermore to play the role. But last week Connery was once again on location, embattled in Bond as the 007 of Diamonds Are Forever. Connery is donating a big slice of his reputed $1.2 million salary to an educational fund he has helped set up. Also benefiting is Actress Jill St. John, Connery's leading lady and perhaps leading lady friend. They seem to be having...
Attorneys for six of the persons arrested Friday will ask the Court to reduce the bond which, Harrison said, is "excessive for these trumped-up charges...