Word: bonding
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City Manager James L. Sullivan said that funding for school renovations must be postponed indefinitely due to last week's loss of the city's bond rating and that he will ask the council next week to cut an additional $2.3 million from Cambridge's 1982 budget because of decreased state...
Cambridge and 43 other Bay State cities and towns last week lost their ability to raise money through bonding when Moody's Inc. of New York a major financial house revoked their bond ratings because of the financial uncertainty created by Proposition...
...bond issue process for these schools will not be solved in the near future, and certainly not before July, when Moody's will look at them again," Sullivan said...
...Maurice Oldfield, 65, amiable bachelor who, after serving in World War II intelligence, rose through the ranks of the British Secret Service to head it between 1973 and 1978, and who was believed to be the inspiration for both "M," the intelligence chief in Ian Fleming's James Bond novels, and George Smiley, the deceptively bland hero of John le Carré thrillers like Tinker, Tailor, Soldier, Spy; of cancer; in London. In 1979 Oldfield emerged from a brief retirement to head an antiterrorist security force in Northern Ireland following the assassination of Earl Mountbatten by the Provisional I.R.A...
Quotas for admittance would, however, supply the fastest way of remedying society's past mistakes. Once remedying the evil of ignorance is recognized as a necessity, as Leon does, one must adopt the quickest way of achieving equality of educational opportunity for all. If the bond of love could replace self-interest, quotas and other affirmative action tools would pose no problems...