Word: chunks
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...after he expanded the firm too rapidly in the 1980s. When the company's stock sank in early 1987, British publishing tycoon Robert Maxwell launched a hostile takeover bid. In a long and bitter fight, Jovanovich prevailed by recapitalizing HBJ with nearly $3 billion in debt, a large chunk of it in junk bonds. Maxwell, who called Jovanovich "a dumb Croat coal miner" who "killed" the company, has offered to buy some assets. "Maxwell is twisting the knife, and I think it really hurts Bill," says one HBJ insider...
Although he met with Harvard hockey Coach Ronn Tomassoni, Harvard's recruiting ace, and stayed with hockey players during his pre-frosh visit, Chunk was never really a "recruit"--he never really received a lot of attention...
...entry into private placementinvestments has left the ACSR deprived of a formalvoice on the ethical issues concerning more than a$1 billion chunk of the endowment...
...only the pros noticed the ratings were slipping badly. The two-hour pilot drew a 33% share of the viewing audience and ranked No. 5 for the week. The regular episodes, positioned in the difficult time period opposite Cheers on Thursday nights, have dropped to 18%. Obviously, a large chunk of Middle America has paid its visit to Twin Peaks and decided to move...
Horrified? Actually, the U.S. has already renounced a huge chunk of its national debt. The real value of the national debt in 1984 was exactly the same as it had been in 1946, despite regular annual deficits between those years. The trick was inflation, which eroded the real value of the debt as fast as we accumulated it. We could pull this off because, unlike other world- class debtors, we can raise money in our own currency...