Word: bondses
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But Donald C. Moulton, assistant vice president for community affairs and Harvard coordinator for all of the Mission Hill work, says frankly, "I don't think they have a case." He predicts a speedy and unobstructed power plant ground-breaking for the fall. Moulton suggests that Harvard isn't worried...
Even if the legislators approve and all the pieces of the complex package hold together, the nation's biggest and most debt-ridden city will get merely another brief breather. The $2 billion will tide it over until December. Between then and the end of the fiscal year, next...
According to the plan, the state will try to borrow $750 million and invest it in Big Mac bonds. State and city pension funds will buy another $750 million of the bonds, the State Insurance Fund will take $100 million and the city sinking funds $180 million. In addition, New...
As New Yorkers reflect on the reluctance of other Americans to rush to their rescue (see story page 8), they are sometimes tempted to imagine that they are victims of the outlander's hatred for the sophisticated metropolis. As Queens College Professor Andrew Hacker put it last week, "By...
At week's end meetings were continuing, and various officials mulled over various fund-raising schemes to meet at least the first of the September deadlines. Among the possibilities: prepayment of real estate taxes by major property owners; purchase of MAC bonds by city and state pension funds; the...