Word: bonde
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Dates: during 1980-1989
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When cocktail-party chatter turns to investments these days, it frequently contains a new buzz word: zeros. Short for zero-coupon bonds, the term refers to certificates that pay no interest for a decade or more but then mature into whopping sums. In just 18 months since the bonds were introduced, Wall Street brokerage firms have sold more than $30 billion. Says Katherine Reed, a bond analyst for Drexel Burnham Lambert: "Zeros are really the rage...
This creates an exceedingly dangerous situation. An alliance cannot live by arms alone. To endure it requires some basic agreement on political aims that justify and give direction to the common defense. If military arrangements provide its only bond, it will sooner or later stagnate. It will surely prove unable to take advantage of diplomatic opportunities for an easing of tensions. That is the central issue before the Atlantic Alliance today. It requires a remedy that is fundamental, even radical?in the literal sense of going to the root...
...first time I've been to Boston, and I'll be going back with hair," deadpanned the un-Bondingly balding Sean Connery, 53, as he donned a Wonder Woman wig given to him by Harvard's Hasty Pudding Theatricals. As the band struck up 007's theme, the club's "Man of the Year" got the traditional brass pot, as well as a dart board displaying a picture of Roger Moore, James Bond's alternate alter ego. Connery, however, would probably rather be throwing darts at his former financial adviser Kenneth Richards, who allegedly...
...result of a childhood accident. Walker lost the sight in one eye, and writes that she felt disfigured and ugly for a long time afterward. It is through the bond with her daughter, her own creativity, and the strength she has found from the stories of her (female) ancestors. Walker writes, that she has finally learned to accept herself as complete and even beautiful. She dedicates the book to her daughter. Rebecca, in a few lines that sum up the creative process through which she has discovered herself and her heritage...
...bond issue, known as series E. Carries--in a very limited sense-a variable rate, because Harvard can call in the bonds at certain specified time periods, pay off bondholders, and then borrow the money again at a new interest rate...