Word: bondses
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An arcane and specialized corner of Wall Street, the bond market is usually a place where corporations can count on raising enormous sums of money -$12 billion in just the first three months of this year-with little fuss. But recently the market has been anything but placid. Prices have...
2. NEW YORK--Despite the massive propaganda barrage disseminating from the Yankees' front office, the pinstripes are not on the top of the A. L. East, but they're not far behind. The Yanks have been bolstered by the acquisitions of Jim "Catfish" Hunter from Oakland and Bobby Bonds from...
The city has met its growing financial needs by using fiscal gimmicks, such as postponing city contributions to employee pension programs. To get by, the city simply borrows - and borrows and borrows. Its total debt burden hit $13.7 billion this year, and the city has begun issuing new short-term...
Labor leaders, however, are fighting back. The teachers union threatens to sue the city to prevent an increase in workloads, and the policemen want to cancel their agreement for five payless work days. Meanwhile, Beame is also struggling to squeeze more money out of Albany and Washington and is lobbying...
One of the most popular courses is "The Self-Confident Home Mechanic," designed to teach students how to repair light switches, calk pipes and fix appliances. One student, Blossom Gottlieb, 26, is taking the course so she and her husband can renovate their hot-dog stand in the seashore community...