Word: bondsã
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...career home runs, clinching baseball’s most cherished record, and won seven awards for most valuable player. Yet despite his obvious superiority over other baseball players, nobody reveres Barry Bonds, and many fans no longer respect him. His name is synonymous with lying, cheating, and infamy. Bonds?? records were achieved with the use of a host of chemicals, used as performance enhancers, and his records will forever be tainted with a proverbial asterisk, and many fans’ faith in professional athletics heretofore spurred. It is no question that Americans love to hate athletes who abuse...
...University has over $6.5 billion in outstanding debt—though not all in the form of tax-exempt bonds??which it has used to finance capital projects such as Harvard Law School’s Northwest Corner Building, as well as to refinance other debt, according to a January report from Moody’s Investors Service...
According to Harvard's year-end financial report from 2008, HMC had over $7 billion invested in fixed-income assets as of June 30. Those assets included nearly $2 billion worth of domestic bonds??which had produced returns of 16.1 percent for that fiscal year, beating the HMC board-approved benchmark of 12.7 percent—as well as foreign bonds, inflation-indexed bonds, and high-yield bonds...
...don’t think anybody knew what was going to happen.”John F. Flahive, a vice president at BNY Mellon Wealth Management, which purchased $10 million of Harvard’s tax-exempt bonds, said that he does not think the bonds?? rates were inappropriate, nor does he think that the University’s collateral obligations forced financiers to issue debt at unfavorable rates.“[There are] a lot of things they could have used the money for in an overall capital perspective,” Flahive said...
...allusion to Barry Bonds??for slugging, not juicing, of course—is indicative of the sort of year that the Paoli, PA, native is having...