Word: bonds
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Dates: during 1990-1999
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...Little Rock at the time. As Governor, Clinton appointed her to the Commission for Arkansas' Future and, more important, to the Arkansas Development Finance Authority Board, which provides long-term financing for businesses starting or expanding in Arkansas. While Twin City had rarely been a trustee for various bonds issued under the adfa, it was named the trustee for four bond issues in 1988 and 1989, which brought in some lucrative fee income. Twin City, in turn, steered at least some legal work to the Rose firm. So when the unresolved issue of the Whitewater loan again arose...
...make the board nervous. Clinton was, after all, the Governor. Edward M. Penick, president of Twin City and ex-officio chairman of 1st Ozark, said he'd take up the matter personally. He knew Hillary somewhat; Hillary and the Rose firm had successfully represented Twin City in a complicated bond case. Penick drafted the letter and sent it to Hillary at the Rose firm...
...pace. The NYSE composite index was down 0.53 at 342.87, the Standard & Poor's 500 composite was down 0.49 at 640.30, the American Stock Exchange's market value index was up 0.74 at 562.52, and the Nasdaq composite was up 7.07 at 1,098.14. The 30- year benchmark Treasury bond was extending its losses, down 5/8 point and yielding 6.74 percent...
...emotional bond formed during the protest was in stark contrast to the apathy normally associated with worldly issues. By raising awareness, the rally also raised the stakes people have in this issue, enlightening them and promoting their interests. Over dinner, I talked to a fellow student who afterwards looked up Simpson's S-1394 bill on the Internet and read it because his interest and curiosity had been piqued by the protest...
...calculations show the Dow Jones industrial average fell 15.17 to 5,568.72. Volume was moderate at under 400 million shares traded. Broad market indexes were higher, with the Nasdaq composite lifted by technology stocks. The Nasdaq composite index rose 14.25 to 1,087.30. Stocks were helped a little by bonds, where the long bond was up 3-16 pointS, yielding 6.67 percent, recovering from a 1/2-point loss this morning. At the American Stock Exchange, the market value index rose...