Word: bonding
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Dates: during 1980-1989
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...Lagonda, the manufacturer of hand-assembled sports cars that carry an average price tag of $130,000. While the British car company has sputtered financially, its products have long enjoyed a sterling reputation. Queen Elizabeth II gave an Aston Martin to Prince Charles for his 21st birthday, and James Bond has driven the cars in the films Goldfinger and The Living Daylights...
...Those prices are still a bargain compared with costs in Tokyo, where office towers sell for an astronomical $20,000 or more per sq. ft. -- on those rare occasions when anything comes up for sale. Says Shigeru Kobayashi, owner of Japan's multibillion-dollar Shuwa real estate empire: "Bond buyers are holding paper, but I have buildings and land. That's the future." Kobayashi's son Takashi, head of the family firm's U.S. subsidiary, controls 26 U.S. buildings worth some $2 billion. Among them: the ARCO Plaza in Los Angeles (bought for $620 million last September...
While foreigners have poured billions of dollars into U.S. buildings, banks and blue-chip companies, it is the vast sums they are pumping into America's stock and bond markets that have the greatest impact on its economy. All told, foreigners last year held more than $500 billion worth of U.S. Treasury and other government securities, corporate bonds and shares in publicly traded companies. (They also owned $449 billion deposited in accounts in American banks.) U.S. holdings of foreign stocks and bonds amounted to $269 billion, but foreign holdings are rising faster. The fact is that outsiders are supplying...
...resolutions, there are lessons American movies might learn. Still, one retreats with relief to the accustomed elegances of a well-made film like The Whistle Blower. To be sure, the paranoia that long ago settled damply around our spy dramas seems to have drifted eastward to infect Writer Julian Bond and Director Simon Langton. Their story has the British espionage establishment protecting a highly placed mole by murdering innocent, clerkish underlings in an attempt to convince its American allies that it is doing something about a leak the latter are complaining about...
Whatever the circumstances of his release, Glass was recovering in London last week, convinced that his days in West Beirut were over, "at least for a generation." Said his wife Fiona: "The children are thrilled. He's even better than James Bond." But his departure still left eight Americans and 15 other foreigners held hostage in Lebanon. Among them was Terry Waite, special envoy of the Archbishop of Canterbury, who disappeared in West Beirut in January while trying to negotiate the hostages' release. Last week the Beirut magazine Ash Shiraa reported that Waite would soon be freed...