Word: bondses
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Why are stocks so depressed? Analysts asked for reasons can come up with an endless list of quickie "explanations" for any particular day's drop: a jump in wholesale prices, a rise in the trade deficit, a threat of higher interest rates that would pull money from stocks into...
Seattle is now enjoying the benefits of another of Ellis' grand plans, known as Forward Thrust. Voters in 1968 approved $334 million in bonds to finance 615 civic improvement projects in Ellis' package. Freeway Park, for instance, a five-acre area of greenery and waterfalls, was built on...
There is no question, though, that Peter G. Peterson, 51, as chairman and president of the combined firm, will be calling the shots for nearly 1,800 employees. A protégé of Illinois Senator Charles Percy, Peterson succeeded Percy as chief of Bell & Howell in 1963, served in...
So, the underwriters are busily peddling the Yankee bonds to smaller institutions, and there is talk of offering them to individuals as well. That effort might face another obstacle: memories of the 1930s, when an earlier wave of foreign-bond borrowings in the U.S. ended in massive defaults, and many...
* The figures exclude Canadian bonds, which, along with those issued by South American countries and some international organizations like the World Bank, were never subject to I.E.T.