Word: bondses
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Since Kankakee is solvent, there will be at least some Kankakeeans who will be worry-free enough about their local taxes to consider buying New York City's bonds. Besides, Kankakee has more interest in New York City's welfare than some might think. Some of the greatest...
Last week Fleming's words sprang eerily into the real world. Idaho Democrat Frank Church, chairman of the special Senate committee investigating the CIA and other intelligence agencies, revealed that the U.S.'s James Bonds have their own secret supply of quick and terrible poisons-in direct violation...
In Washington, President Ford met for 45 minutes with Carey and again turned down pleas for any form of federal bailout. Said Treasury Secretary William Simon: We "will do nothing to help the city avoid default or lead it out of bankruptcy." Chairman Arthur Burns reiterated that the Federal Reserve...
Jumping Turnstiles. For New York, says Rohatyn, default would probably mean "a business exodus and, more generally, a draining away of vitality." Businessmen who own New York bonds and use them as collateral for loans would have a hard time renewing their loans. Bankers who have underwritten the city'...
The question of default now rests heavily on the performance of the Emergency Financial Control Board, the surrogate mayor of New York City. Assuming that the $2 billion financial package holds up, the board will have three months in which to devise a program that can start to put the...