Word: bondses
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Ever since the Civil War, the Federal Government has not been very popular in Georgia. Last week the Peach State and its capital, Atlanta, got an unusual chance to shoot back once again at Washington, this time over tax reform. In one of the first legal challenges to the Reagan...
Bell contends that the act is in violation of the Tenth Amendment, which leaves to the states all powers not specifically reserved in the Constitution for the Federal Government. At issue are two clauses in the new law that affect the sale of state and local bonds. The first dilutes...
In Georgia the proceeds from arbitrage have amounted to as much as $40 million a year. Atlanta Mayor Andrew Young points out that the city has been able to lower the cost of renovating its zoo by some $3 million by using the now banned technique. On a nationwide basis...
While foreigners have poured billions of dollars into U.S. buildings, banks and blue-chip companies, it is the vast sums they are pumping into America's stock and bond markets that have the greatest impact on its economy. All told, foreigners last year held more than $500 billion worth of...
Last year, for example, WSGP took over Honolulu Federal in return for $17 million in new capital and $40 million in bonds. The group slashed the marketing budget and cut back operating hours; they also discounted $100 million in bad assets. Now the thrift could fetch as much as $150...