Word: junking
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Dates: during 1980-1989
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...superabundance of financial innovation is another factor reminiscent of the 1920s. During that time, investment trusts and utility pyramids were the rage, while the 1980s has been a boom time for such techniques and instruments as leveraged buyouts, junk bonds and stock-index futures. The common element is vast leverage, which creates the potential for big profits during a booming economy but equally dramatic losses when the tide goes the other...
...devotion to the public sphere is notuniversal. Some graduates abandon the glamour ofCapitol Hill careers because of the salarytradeoff; their 'revolving door' leads to WallStreet. Brenner has friends from the KennedySchool in corporate finance, junk bonds andinvestment banking. Canfield's Cambridge friendswork for such diverse employers as CBS, Timemagazine, corporate law firms and consultingcompanies...
...devotion to the public sphere is notuniversal. Some graduates abandon the glamour ofCapitol Hill careers because of the salarytradeoff; their `revolving door' leads to WallStreet. Brenner has friends from the KennedySchool in corporate finance, junk bonds andinvestment banking. Canfield's Cambridge friendswork for such diverse employers as CBS, Timemagazine, corporate law firms and consultingcompanies...
...lopsided. It's crazy." At one point he was shown a chart found in North's office safe, outlining a way of using arms-sales profits to set up a privately controlled fund for covert operations. Disdainfully, Shultz tossed the paper on the witness table. "A piece of junk," he called it, adding, "It is totally outside the system of government we live by and must live...
...like that has happened." Once dubbed the Australian McEnroe for his on-court temper tantrums, Cash appears to have mellowed since his girlfriend Norwegian Model Anne-Britt Kristiansen gave birth to their 14-month-old son Daniel. Cash, though, still gets faulted by feminists. Dismissing women's tennis as "junk," he told Woman's Own magazine, "If I played a practice game with ((Boris Becker)) when the women's final was on, we'd have more people watching us." Volleyed back Tennis Ace Pam Shriver: "He seems like someone who is a little narrow-minded and maybe a little dumb...