Word: bondses
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In Europe, France's reception of refugees has been impressively warm and well organized, largely as a result of strong public pressure. Stirred by the plight of the boat people and by their old colonial bonds to Indochina, the French have admitted 71,000 Cambodians, Laotians and Vietnamese. Indeed...
they are among the principal owners of stocks and bonds, assets that have fared the worst under inflation because of the uncertain investment climate.
Although his wife says she feels strongly about breaking bonds with her mother country, he does not think it is much of a change. "I still know I'm Irish," he says.
The new owners have no immediate plans for the town, but are considering the possibility of incorporation. That would permit them to issue municipal bonds for financing, and to apply for federal revenue sharing.
Not all the games are cheeky manuals for self-styled robber barons. A few also teach the players something about business. Alan Teck, director of Chemical Bank's financial consulting services, developed the hot-selling Foreign Exchange ($15), in which players work through the arcane world of international finance...