Word: bonding
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...consequences for South African society, plays an oblique but significant role in the narrative -- especially in the distant fate foretold for the team in the novel's final paragraphs. Despite the deep optimism inherent in depicting their relationship, McClure ends in glints of gloom. He implies that no such bond can survive forever the fire storm of that nation's rage...
...regulators took over Mutual Benefit, France's Groupe Axa S.A. agreed to invest $1 billion in Equitable Life, the third largest U.S. life insurer. The deal will give Axa at least a 40% stake in the company. Equitable, plagued by troubled real estate and junk-bond investments, had been seeking a partner to strengthen its finances. The company plans to make an initial stock offering once the Axa deal is completed...
Whenever a news organ disciplines a reporter, cynics suggest that management is seeking a public relations gesture, a formal rooting out of sin. But the issue is the First Amendment bond with the public. Plagiarism imperils that bond, not because it involves theft of a wry phrase or piquant quote, but because it devalues meticulous, independent verification of fact -- the bedrock of a press worth reading...
...measure by tithes from its members, the church has vast holdings in real estate, financial services, broadcasting, publishing and insurance. The church's strict morality (it forbids premarital sex, gambling and the use of tobacco, alcohol and drugs) reinforces the hardworking nature of Utah's people. A Wall Street bond trader puts it succinctly: "All they do there is breed, pray and make money...
...even one round requires the use of expensive equipment, access to landscaped acres of greensward and, for most people, expensive lessons in technique. A caddy is a sort of walk-along valet. At private Baltusrol, new members put up $25,000 as an initiation fee, plus a $5,250 bond and $3,900 yearly dues. In times gone by, those economic facts alone might have barred most blacks. But, just in case, the sport had overtly racist rules and practices. Blacks did not play in the elite Masters tournament in Augusta, Ga., for 41 years. The phrase "Caucasian race only...