Word: bonding
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Dates: during 1980-1989
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...Street, investors began battering bank stocks. Hardest hit was Manufacturers Hanover, which lost 3% points, or nearly 11% of its value, in a single day of trading. A sharp slump in bank issues helped drive the Dow Jones industrial average to 1103.43, its lowest level in 15 months. In bond trading, prices also sank. Elsewhere, sell-offs rocked the London Stock Exchange, and the high-flying U.S. dollar went into a steep tailspin...
...American and make a friend abroad, the bond is tenfold stronger than with a friend made at home. Add to that the climactic experience of the war bringing it all to an end, and it has left a bond stronger than any I have ever seen...
Those who define themselves by a specific adversary have always acknowledged the bond. A faded photograph from 1962: at a Soviet-American track-and-field championship in Palo Alto, Calif., Siberian High Jumper Valeriy Brumel sprang past Bostonian John Thomas for his world record of 7 ft. 5 in. The American crowd cheered without reservation. Thomas hugged and pounded Brumel. On impulse, Valeriy and Tennessee Long Jumper Ralph Boston took a lap around the stadium to unreserved applause. Only the audience has changed...
Some aircraft authorities expressed surprise that Bond would have been allowed to take the Flogger up. Even though the general had recently passed a rigorous "Class 2" Air Force physical, which includes aerobic stress tests and other exacting measurements, some Air Force officials frown on pilots over the age of 45 flying solo in high-performance craft. "Why was Bond flying a plane like that, when he was on the verge of retirement?" asks an Air Force source. Bond's judgment, as well as that of his superiors, will doubtless be one of the points covered in a special...
...members of this elite group, who number no more than a score, are the merger and acquisition specialists of the top American investment banks. They are the financiers of capitalism, raising funds for corporations with stock and bond issues, as well as trading securities for their own accounts. The best known of their breed was J.P. Morgan, the great financier who died in 1913. Morgan once wrote, "My job is more fun than being king, pope, or prime minister, for no one can turn me out of it, and I don't have to make any compromises with principles...