Word: bonding
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...bond sale was handled by a consortium of prominent New York investment firms, who apparently had no trouble finding buyers for notes that will mature in 30 years, at an interest rate of slightly below 7 percent...
...seasoned TIME interviewer of celebrities as diverse as Meryl Streep, Bette Midler and Robert Redford, Dutka remarked on the visible solidity of the Newmans' relationship. Says she: "Humor is evidently its mainstay. Her dry, self-deprecating wit complements his broader, almost raunchy jokes. There's an obvious bond of respect and affection between them...
...American recovery, observed U.S. Board Member Lawrence Krause, a senior fellow at the Brookings Institution in Washington, D.C. Krause foresees a further three-point decline in the prime rate at banks, which has already fallen from 16% to 12% since July. A rally in the stock and bond markets has added some $100 billion to the wealth of investors, and should spur consumer spending. By the end of 1983, Krause said, the U.S. could be growing at a rate of 3%, a bracing tonic for Asian export industries...
...lives like a blast of cold air." Leading into the Kennedy batch of drawings, Feiffer acknowledges the excitement the young leader provided, but he also sees in him a certain liberal aristocrafic falseness. "Style engulfed substance," he writes. Kennedy's views on foreign affairs "were shaped by James Bond." The cartoon characters begin to evince a certain liberal hypocrisy. One concludes that "civil rights used to be so much more tolerable before Negroes got into...
DIED. Louis Engel, 72, retired advertising vice president of Merrill Lynch, credited with being instrumental in his company's effort to "bring Wall Street to Main Street"; of undetermined causes; in New York City. Creator of a popular 1948 ad that lucidly distinguished between a stock and a bond, Engel later expanded it into an investment guidebook for laymen (How to Buy Stocks) that sold more than 4 mil lion copies and helped sell the idea of investing to a broader array of Americans...