Word: bondses
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He had an auspicious place to start: the top. The Francises and the Bushes are Texas families connected by the deep bonds of power and wealth. L.B.J. biographer Robert Caro has called Francis' granduncle Charles I. Francis a "heroic figure in the Texas oil industry." The younger Charles first met...
If the economy continues to recover, interest rates and prices are likely to rise. But there are ways to limit inflation's bite. Last week LaSalle Bank rolled out the first inflation-protected certificates of deposit. The five-year CD yields 1.5%, the 10-year 2.5%. The rates trail those...
Spitzer's investigation, which like his stock-research probe has been based in large part on incriminating corporate e-mail, will almost certainly lead to additional inquiries about fund fees and the roles of fund directors. It may also lead to efforts to corral the largely unregulated and fast-growing...
INDICATORS An Unexpected Yield U.K. financial regulators charged high-street bank Lloyds TSB with misleading more than 20,000 customers who bought high-risk bonds three years ago. The bank must pay a $3.2 million fine and pay out a further $163 million in compensation.
When teams are forced to put Barry Bonds over half the team he comes to the plate, everyone else gets better pitches to hit. That’s why a team of misfits can win the NL West going away. And this guy’s 39 years old! And...