Word: bonding
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...sense of reality. Superb mannered pillar of the English middle class. It is at first hard to understand what this man is doing among all these movers and shakers. We soon learn: "Andrew Drake, despite his Anglicized name, was also a Ukranian, and a fanatic." Forsyth decides Bond-like gadgets also appear in delicious profusion, including a personal favorite, the "flash-bang-crash grenades," which blind anyone looking at them, blow out their eardrums, and "cause a ten-second paralysis." Just ten seconds...
Meanwhile, Byrne, the Chicago school board and state officials were scrambling to put together an emergency loan package to keep the schools from collapsing. Shut out of the bond market in November because of a poor rating, the educational system faces a shortfall of $459 million by the end of the fiscal year on Aug. 31, 1980. It needs $190 million just to keep going through January...
...along with Reagan and Brown, calls for a North American common market. To spur savings Connally would create a "taxpayer's nest egg," in which people could invest up to $10,000 of income, taxfree, so long as they put it in a bank account, stock or bond and reinvested the interest, dividend or capital gain...
...this point, the principal bond that unites the different factions
Such tales have not been limited to small firms. Chemical Bank, which lost $6 million in post-Volckerism bond dealing, abruptly fired its trading manager. A billion-dollar sure thing- the issuing of IBM bonds last month- turned into a pumpkin for such blue-ribbon investment bankers as Salomon Bros., which had underwritten the deal. Because of difficulties selling the IBM securities, Salomon and other traders had to swallow losses of $10 million. For the once staid bond market, it has been a fitting 50th anniversary of the Great Crash...