Word: bonding
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Dates: during 1980-1989
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...selling a lot more bulletproof vests than we did a year ago," says a spokesman for CCS Communication Control, Inc. "And these are going to regular businessmen, not someone who is a bodyguard or in law enforcement." In 1978 the company turned a new Cadillac into a James Bond car for the Shah of Iran, adding a bomb sniffer, ducts that sprayed tear gas, machine-gun mounts and enough armor plate to withstand a grenade or a land mine. After he lost the Peacock Throne, the Shah refused title to the car, forfeiting a $50,000 deposit...
...President's tax proposal, unlike his spending cuts, does not enjoy broad voter support and is widely seen as inflationary. That view is especially virulent on Wall Street, where concern over inflation and high interest rates has rocked the bond and stock markets in the past few weeks. As a result of that skepticism, says one White House aide, "a clever overall strategy" will be needed if the President is to have his way on taxes. That may include a multimillion-dollar advertising campaign, financed in part by the Republican National Committee, to drum up support in conservative congressional...
...interest rate they charge many business clients a half point to 19.5%. Immediately the Dow Jones industrial stock average fell 13 points to 963, continuing its drop of 61 points in less than a month. But later in the week the Dow rallied 23 points to close at 986. Bond prices, which had plunged some 7.5% since the end of March, also slumped on Monday but came back to finish up about 2% for the week...
...moneymen. When he furrows his brow and speaks in slow, solemn tones, the markets often quake. Early last year he told a group of bankers that the U.S. was "lurching toward a national economic emergency." That same day the Dow Jones index dropped 18 points. One day last week bond prices rallied, in part on the rumor that Kaufman was turning optimistic, only to lose momentum when the story proved to be false. Kaufman believes in personal as well as financial discipline: he has no hobbies and rises regularly at 5:55 a.m. to reach his office...
...poets' purpose amid all this car nage and chaos is noble: "Giving new force to the last remaining bond be tween all Germans, namely, the German language they held in common." Their behavior quickly proves unworthy of their unifying ideal. They begin by squabbling over the proper use of dactylic words. They fall into grim dispute "over the essence of irony and of humor." Thunderous abuse follows the reading of each manuscript. Worst of all, these noble spirits find themselves implicated in the cruelty of their age; the feast mysteriously provided them by Gelnhausen, a dashing young member...