Word: investers
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During the last month of former President Ronald W. Reagan's term, Mother Jones introduced its sharp, glossy, "new look," complete with a photograph of actress Susan Sarandon on the cover. The new and improved magazine includes columns such as "OUT OF POCKET, about how to buy and invest with your ethics intact," and "TRIPS, a guide to travel and adventure for non-Ugly Americans...
...bonds that not only pay tax-free interest but are also guaranteed to keep up with housing costs. For example, a family that wanted to buy a type of house now costing $75,000 but likely to climb in price to $105,000 in five years would invest $8,820 in the bond program over that period of time. The interest would boost the family's investment in five years to $10,500, enough for a down payment on the $105,000 home. If the price of the house were to climb higher, the state would nonetheless provide the family...
Only after the murders provoked a national outcry did the FBI enter Mississippi in force and begin a massive effort to undermine the Klan. Until then Director J. Edgar Hoover's insistence that the bureau was a strictly investigative agency forced FBI agents to invest far more energy in busting stolen car rings and foiling bank robberies than in probing even the most flagrant depredations against blacks. In 1961 the U.S. Commission on Civil Rights suggested that since the bureau was often so closely linked to Southern law-enforcement officials, another group might take over the handling of civil rights...
...Yemenis are also cautiously looking West for more help. Canadian and French oil companies have signed contracts for oil exploration and drilling. And for the first time since British rule ended, Western businessmen are again traveling to Aden to invest in the government's ambitious plans...
...Johnson disclosed that he wanted to buy RJR Nabisco, for example, than the company's $5 billion of outstanding bonds lost 20% of their value. Furious bondholders, including Metropolitan Life and ITT, immediately sued for damages. Declared Metropolitan Life chairman Creedon: "No one in his right mind wants to invest in corporate bonds anymore." In fact, the LBO binge has created a financial innovation called the "poison put," which guarantees bondholders against the risk of buyouts and other unexpected deals that might depress their holdings...