Word: clubbings
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Dates: during 1980-1989
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Milken never put his big idea or his ambition aside. As a trader for the old-line Philadelphia firm of Drexel Firestone in the mid-'70s, he scorned colleagues who hewed to tradition and "spent from 11 o'clock to 2 o'clock at the racquet club." The dogged Milken soon discovered that junk bonds could provide much needed capital for medium-size companies that were unable, because of their size, to issue investment-grade debt. Other firms, notably Lehman Bros., had already tried minting bonds that were high yield from the outset. But Milken was the first to build...
Suspicion. Secrecy. Blood ties. These are bywords for Iraq's stern patriarch, Saddam Hussein. So his countrymen were stunned last week when he publicly disclosed that he had imprisoned his eldest son Odai, 25, for bludgeoning a presidential bodyguard to death with a club. Saddam has apparently dealt harshly but secretly with kinfolk before. Five years ago, three of his half brothers mysteriously disappeared, reportedly after plotting a coup...
...full glare of national television, Korea's former President, Chun Doo Hwan, apologized abjectly to his countrymen for the crimes he committed during 7 1/2 years in power. Before retreating with his wife to a Buddhist monastery, Chun promised to surrender his house, a skiing condominium, two golf-club memberships and at least $3.3 million to the government...
Peaslee, one of the founding members of Christian and the Infidels, says there is a distinct difference between playing in clubs and playing at Harvard parties. "A club is bigger, but at a party people come with a totally different attitude because they want to dance, and you have to keep up the fun that way," Peaslee says...
...adds, "If we draw 100 people to a club, they are 100 people who know us well. If we do a dance, the people don't know us as well, but that...