Word: bulking
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Dates: during 1980-1989
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Corporations as well as individuals suffered. Up to then, companies had been financing new factories and equipment by issuing long-term bonds paying well under 10%. By the late '70s, however, the pension fund managers, insurance company executives and other moneymen who bought the bulk of the bonds began demanding interest of 15% or higher to make sure that the value of their investments was not eaten away by inflation. Not willing to pay 15% on a long-term basis, most companies turned to the banks for short-term loans...
Through trance, seance, and her little seven-year-old spirit friend Daphne, Mme Arcati succeeds in calling back Charles's first wife. Elvira (Sarah Browning). "The bulk of the play consists of Charles (Roger Hallowell) mediating between Elvira and Ruth (Deborah Carroll). "If Ruth would just cooperate, we could all have a very jolly time," he finally exclaims...
Though the bulk of the paperwork is over in the admissions office, the phones are ringing nonstop, and the words. "Sorry, we can't disclose any information until Monday" punctuate the waiting-room...
...leading accounting firms: "I'm up to my neck in tax forms. There's a tremendous amount of demand for us to interpret the new tax laws." Richard W. Earp, a partner in the Minneapolis office of Arthur Andersen & Co., noted that the bulk of new business has come from wealthy individuals, who are the biggest beneficiaries of last year's tax changes...
...mandated balanced budget without tax increases would require Congress and the President to trim more than $100 billion from a budget already stripped bare of social essentials. But with Reagan and Caspar Weinberger calling the shots, you can guess where the bulk of those new cuts would come from...