Word: bonding
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Dates: during 1980-1989
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...have been perfect had his name not been smeared by accusations that key aides were connected with narcotics. Those allegations are just now being cleared up after many months and $200,000, leading many to speculate that the accusations were a well-timed frame-up. Georgia State Senator Julian Bond, Atlanta Mayor Andrew Young, or Rep. John Conyers (D-Mich.), could also have run on the "rainbow platform"; but all decided not to. As for the possibility of a leftist coalition strategy led by a non-Black candidate, Alan Cranston lacks the strength with Blacks, Latinos, and progressive labor, while...
Walter M. Cabot '55 has been trading securities for more than 25 years, and today, he says, the business is more complicated than ever. "In the old days, all you did was buy a stock or a bond," explains the president of the Harvard Management Company. "Now you can buy 49 different things...
Beyond the traditional stock, bond, and futures markets. Harvard has made a major effort in one other field: options. In the options market, one purchases the right to buy or sell a stock at a certain price on some later date. It is one of the riskiest and most exciting investment fields, and Harvard has assembled a four-man staff to oversee the company's options trading...
...fourth-highest salary in the firm and installed him as its head options broker. For Sung, the responsibilities were especially complicated, not only does Harvard speculate in the market, but it also acquires buying and selling rights as insurance against plunges in the prices of some stock and bond holdings. It, for example, the Management Company were concerned that IBM was about to take a dive, it would protect itself by buying the right [rather cheaply] to sell the stock at its current value 30 days from now. It does not: however, have to exercise that option...
...aren't always quite so formulaic. What happens, for instance, when something fails to go according to plan at the shipyard, and someone questions the sense of the entire system? Worse yet, if the rebel is a member of one's own family? How strongly do unions and brothers bond...