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Word: bondses (lookup in dictionary) (lookup stats)
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D-day finally arrived last week for the Washington Public Power Supply System. D for default. D for debacle. With its coffers almost empty, WPPSS or Whoops, as everyone now calls the agency, formally declared that it could not repay $2.25 billion in bonds used to finance partial construction of...

Author: /time Magazine | Title: Whoops! A $2 Billion Blunder: Washington Public Power Supply System | 8/8/1983 | See Source »

Over the past decade, Whoops borrowed $8.3 billion to start construction on a total of five nuclear plants, only one of which is likely to be completed. The bonds in default were issued for two plants that Whoops calls Projects 4 and 5. Some $6 billion worth of other Whoops...

Author: /time Magazine | Title: Whoops! A $2 Billion Blunder: Washington Public Power Supply System | 8/8/1983 | See Source »

At the core of this film is its unassuming depiction of the simple bonds of affection tying these blue-collar characters together. The wildcat strike of the workers at the local accentuates the flaws in each person's character, prompting old bonds to be severed and new ones to be...

Author: By Rebecca J. Joseph, | Title: Fenced In | 8/5/1983 | See Source »

Amid the bustle of shoppers and late-arriving office workers, it seemed like a typical Monday morning in London's West End. But in Conduit Street, a smart thoroughfare filled with fashionable shops just off New Bond Street, a daring crime was in progress. As the crowds streamed past...

Author: /time Magazine | Title: Britain: Stop and Think | 7/4/1983 | See Source »

It would seem that only the Federal Government can save WPPSS now, but there has been little movement toward a Chrysler-style bailout. Congressman George V. Hansen of Idaho has introduced a bill to raise $5 billion to buy back the bonds and pay off bondholders. But the bill is...

Author: /time Magazine | Title: Going Down | 6/27/1983 | See Source »

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