Word: investors
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
People buy art for all reasons and with all incomes. Broadly, however, they fall into three categories: the amateur, who appreciates beautiful objects for their own sake; the investor, who is primarily intent on making money; and the rare great collector, who assembles treasures on the grand scale that enriches society. Three vignettes...
...guarantee for the school board's financing. The mayor, concerned about the city's own credit rating, stalled and appointed a task force of bankers and lawyers to study the matter. Curious about the unexpected pinch, the Securities and Exchange Commission quietly began an inquiry into possible investor fraud in past sales of school notes...
...guaranteed by the Federal Deposit Insurance Corporation, and that money market funds are riskier. There is a slight risk, but since the funds are put largely into top bank and corporate securities, a number of banks and cor porations would have to go broke before the typical money market investor would suffer much loss. He would not even lose, but his yields would go down, if interest rates declined. If they dropped far enough, he might have been wiser to invest in a long-term bank note. For example, a nine-year certificate of deposit now pays about 9%; that...
When the city needed to refinance $15 million in debt last December he offered the leading bank, Cleveland Trust, full collateral in the form of income taxes and city property, and a private investor agreed to underwrite the city's debt. The bank turned down these offers. Kucinich charges that at a private meeting he likens to a "street mugging," the chairman of Cleveland Trust made extension of credit conditional on the sale of the city-owned electric company to its private competitor. According to the mayor, the proposed sale called for the private company to pay the city about...
...firms. Only three of those five firms still handle any Harvard money, though; one merged, and another wasn't doing the job right, according to Putnam. Today HMC uses outside talent mostly in specialized areas--for example, in its decision to commit money in venture capital (loans from an investor to a new business in hopes of a high return). "We didn't want to do it in-house, so we went out and gave the five best venture capital managers a portion of Harvard's money to manage," Cabot says...