Word: bondses
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According to the Globe, "Harvard officials and other sources yesterday confirmed the university's interest in a proposal to keep 'the Harvard plan' nonprofit through a money-raising deal involving major Boston teaching hospitals, the data processing company Perot Systems, and other investors... Investors are being asked to lend money...
The plan--as described by the Globe--calls for investors to exchange funding for "surplus notes," which would benefit investors through high interest rates. Investors would be assuming a significant amount of risk--and would not be able to sell their bonds. The plan would have to include the sale...
"I also want to say that America must help more nations to break the bonds of disease," he added.
Harvard and Yale combine to feature four sets of brothers and share other family bonds. Harvard, of course, has the Moores (Mark, Steve, and Dominc) and the Nowaks (Derek and Brett). Yale's fraternity has the Chyzs (John and James) and the Sproules (Mark and David). Mark and David's...
THE BRIGHT SIDE OF BONDS The year 1999 has been a tough one for bond investors. With interest rates going up, bond prices have declined. But higher bond yields also create opportunities for fixed-income investors. A tax swap--in which you sell a bond that has lost some of...