Word: bondses
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A. There has been a temptation to deal with China on a purely tactical level-to tighten our bonds when we are annoyed at the Soviets and slacken them again when things calm down. We should not use China to needle the Soviets. We need a long-term settled strategy...
Gold prospecting ain't what it used to be. The old Forty-Niner went West to make a fortune all by himself. Today the new breed organizes, suits up in pinstripe, and tries to dig gold out of an obscure clause in 85-year-old bonds. This week the...
The third possibility is even more frightening to liberal activists. If the new voters coalesce into a third bloc, perhaps running their own slates for City Council and school committee, they may go even farther to the right. "At least if they're in the CCA, there is an anchor...
Sears' search for a new direction is overdue. The firm's earnings last year slid by a hefty 12.1%. Standard & Poor's has downgraded Sears corporate bonds from AAA to AA. Says Chicago Retailing Analyst John Landschulz of Mesirow & Co.: "Sears has been resting on its laurels...
Nor is there any end in sight to the flow of dividends from the oil fund, which by the end of this year is expected to total more than $1 billion. Since it is invested in stocks, bonds and other securities, the fund could prove even more profitable than expected...