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Word: junking (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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Usage:

...healthy? The Securities and Exchange Commission is investigating whether the firm made deals designed to dress up the books of Guarantee Security Life Insurance, a Jacksonville-based company that Florida regulators seized last August after it succumbed to losses on high-risk investments. Investigators say the company traded its junk bonds for as much as $300 million in government securities in short-term swaps with Merrill in 1985, '86 and '88. The temporary deals allowed Guarantee Security to portray itself as financially healthy to state regulators during year-end audits. But secret trades to hide ownership of securities may constitute...

Author: /time Magazine | Title: Securities: Now You See 'Em . . . | 10/21/1991 | See Source »

...first book, Dennis Levine's Inside Out: An Insider's Account of Wall Street, is junk, bound. Don't waste your time. Instead, to learn about Levine and Ivan Boesky and particularly about Mike Milken, read James B. Stewart's spectacular Den of Thieves. I read it because, like most people, I wasn't entirely sure. Was Milken, though guilty, the victim of a witch hunt over largely technical violations? Were he and his faithful servants, like Arthur Liman (for the defense) and Ken Lerer (for the p.r. machine), the ones I should root for? Hah! For the first time...

Author: /time Magazine | Title: Money Angles: It Doesn't Take a Genius to Make a Killing | 10/21/1991 | See Source »

...securities and other securities the bank holds on its books. In the US this might include common and preferred stock, options, and international stock. Fixed income is the area that includes corporate and municipal bonds, CDs, and money markets, among many others. One popular offering in the eighties was junk bonds...

Author: By Naeem Shami, | Title: Are You Ready For the Challenge? | 10/11/1991 | See Source »

...negotiation has become obsolete. The bargaining cannot be dispensed with yet, but it is being short- circuited by unilateral action. Discussions to get rid of tactical nuclear weapons -- artillery shells, warheads on short-range missiles -- may bog down in minutiae. So, said Bush in effect, don't bother. Just junk those weapons. All of them. Now. And hope that induces the Soviets to follow. Says Michael Mandelbaum, a scholar at the Council on Foreign Relations: "The Bush plan is a combination of a bold stroke and bowing to the inevitable. Bush is getting out ahead -- not a whole...

Author: /time Magazine | Title: Why The Details Are Sticky | 10/7/1991 | See Source »

...million through the simple expedient of buying and selling stock with the help of inside tips. Arrested in 1986 and jailed for 17 months in a minimum-security prison, he led prosecutors to arbitrager Ivan Boesky, who, in turn, helped them reel in the biggest fish of all -- junk-bond king Michael Milken. Now permanently barred from the securities industry, Levine, 39, makes his living as a consultant to companies engaged in mergers and other deals...

Author: /time Magazine | Title: Bad Trades | 9/23/1991 | See Source »

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