Word: convertibility
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Dates: during 1960-1969
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...young officer he had been attracted by a snapshot carried by a colleague of a pretty Delta girl; he sought her out, fell in love, and in 1951 married her. Nguyen Thi Mai Anh was a Catholic, Thieu a Confucian Buddhist, but for her he promised to convert to Catholicism. He finally did in 1958-just in time, his detractors say, to help his army career under the Catholic Diems...
Though a youthful convert to Marxism, he toyed for a time with Catholicism to the point of considering taking monastic vows. His first of several dozen novels-and perhaps his best -was the Extraordinary Adventures of Julio Jurenito and His Disciples, a piquant, picaresque satire a la Voltaire of both Western capitalism and the Communist Revolution, still considered heretical in Russia...
Boudreaux wanted to do metal work, but he could not reach a workbench from a wheelchair, and anyhow, he could not sit on the ulcer at the base of his spine. He had heard about stand-up beds and tilt-tables-so why not convert a wheelchair into something similar? Therapist Robert E. Craig and Dr. Hodge M. Eagleson Jr. worked with Boudreaux in perfecting a sort of surfboard-wheelchair combination...
...gain, everything to lose. Why risk the chance of going down in yachting annals as the man who finally lost the Cup for the U.S.? But the pressures were strong. For one thing, in 1961 he had become the second member of Jewish ancestry (although he is an Episcopal convert) ever elected to the New York Yacht Club...
...common stocks, Shulman recommends dabbling not in shares but in warrants, which are rights to buy stock and which sell for much less than the stock itself. His "ideal" investment is the convertible debenture, a bond that the owner can convert into stock and which, at its best, combines high yield with growth. Investors who are willing to borrow heavily can get considerable leverage with debentures, because bankers commonly lend from 75% to 90% of the purchase price...