Word: investers
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Most zeros are virtually risk free because they are backed by U.S. Treasury notes. A broker creates zero bonds by first purchasing large blocks of the Government securities and then offering customers shares in the form of zeros. Consumers can generally invest for as little as $1,000; maturities of available bonds usually range from ten to 30 years...
Thomson's clients range in age from her 15-year-old next-door neighbor to "faculty wives in their 60s." She says she advises many graduate students, because "they are going into the job market, need to invest in clothes, and want to invest in me first...
Seaga, an ideological ally of President Reagan, credited U.S.-Jamaican cooperation with the revitalization of the Jamaican economy. "We have had astounding results in getting American corporate interests to invest in Jamaica...
Over the last three years, the Harvard Corporation has tried repeatedly to return to the old days of amoral investing. Treasurer George Putnam '49 floated the idea in 1982 that Harvard would invest in banks that gave "humanitarian" loans to the South African government. Last year, Corporation member Hugh Calkins denied Harvard took moral questions into account when investing Each time the Corporation has tried to go back on the commitments it made in 1977-79, the divestiture movement has responded, by packing ACSR meetings, holding vigils and rallies, and most notably last year with the fast for divestiture...
...ruling is most likely to affect large universities that invest a lot of money is men's sports, such as football and basketball. Under the earlier interpretations of Title IX, these schools were required to provide similar funding and treatment for men's and women's athletics or risk losing all federal funds. But under the recent decision, shifting funds away from women's sports would jeopardize federal aid to other university programs. As a result critics of ht decision contend, university with limited athletic budgets may be inclined to cut back on women's programs...