Word: bonding
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...damages in civil judgments. RICO quickly proved a sterling Mob stopper, as dozens of capos like New York City's John Gotti can testify. But when lawyers in the mid-'80s realized how broadly written it was, it mutated wildly. Prosecutors turned it on white-collar criminals like junk- bond-king Michael Milken. Plaintiffs in normal civil suits (a famous one involved litigious rabbis) used it to extract lucrative awards or far better settlements. It was invoked in sexual harassment suits...
...bonds are one of the few issues that have a AAA rating, the top available, from both Moody's and Standard and Poor, on their own, said another local bond trader...
...University's bond rating also beats out all but one county in the state of Connecticut, according to a local bond trader...
...They [the banks] come to Harvard with offers of how to refinance Harvard's debt and if the offer is good enough Harvard has a bond issue...kind of like a second mortgage on a house," an area trader said...
...specific people or corporations who own bonds is not public record, so the largest bond buyers must remain a mystery...