Word: chips
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...blue-chip stocks and bonds, few radiate so pure an azure as IBM's. Thus when the mammoth computer corporation decided to raise $1 billion, half of it in 25-year debentures, some Wall Street underwriters anticipated a field day. To be sure, interest rates were expected to go up another notch in late October, but by moving up the launching date two weeks, IBM and its principal underwriters, Salomon Brothers and Merrill Lynch, were confident that the timing was right. It was hideously wrong. The bond issue turned out to be perhaps the greatest underwriting fiasco in Wall...
...President Carter is the heavy favorite to carry the straw vote in November, because his followers dominate the party machinery and hold most of the elective offices. Of 135 seats at the convention already assigned by party executive committees, Carterites claim they have all but ten. Said Carter volunteer Chip Ford of Miami of the caucus results: "Who is to say who has won? The true meaning of it all, who knows?" On the other hand, observed Lawyer Bill McCarthy, a Kennedy backer in Miami: "Since everyone is looking, what we are doing is important...
...quarterbacks, Dennis Dunn and John Rogan, registered touchdowns, and a staunch Yale defense snatched four interceptions before halftime. Senior safety Chip Kelley snagged three errant passes, and junior Dave Novosel returned one 39 yards to the Colgate three-yard stripe. Rogan lugged it over two plays later for the Bulldogs' first touchdown...
...Zimmer, on the other hand, would rather walk through Quincy Market. He'd like to start at Regina's and then grab maybe a couple of dozen chocolate chip cookies and some souvlaki, with a big finish at Durgin Park and maybe a half-gallon of beer. Zimmer's face looks like an aging Vegas stripper's silicone-sagging buttocks. He's already cost the club a fortune, what with bolstering the dugout bench and increased drag on the team bus, and he's not exactly defraying the expenses with World Series checks. And look what he's done...
Lukash also believes Carter is bearing the emotional strains of his office well. Says he: "I've never seen him manifesting overt stress. Obviously, he gets concerned about his brother Billy or by Chip's divorce. But he's not in any way weakened under the pressure of decision making. He's philosophical about the pressures and feels he is doing the best...