Word: lynch
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...high-rolling wizard when it came to public money. In 1979 Citron helped change a state law to allow counties to - borrow vast amounts through arrangements called reverse repurchase agreements. Such deals permit treasurers to take out what amount to short-term loans from firms like Merrill Lynch and invest the proceeds in longer-term bonds that pay more interest. In pursuit of this strategy, Citron added a boggling $12.5 billion of borrowed bonds to the $7.7 billion of public funds that he supervised...
...high inflation and higher interest rates, two China funds mentioned in an earlier column, a Turkey fund I bought because international expert Barton Biggs was quoted in the press as liking Turkey (maybe he meant to visit), and a handful of issues recently favored by Fidelity's Peter Lynch...
Being the writer for Lynch's books ought to give me an advantage in such matters, but I've shown a proven talent for ignoring his many winners and attaching my money to the small number of duds. This includes Sunbelt Nursery, down about 80%; 50-Off Stores, which is more than 50 off since I bought it; and D&N Financial and Supercuts, all of which are under water...
...road from their slatternly encampment, Earlene Pomerleau (Martha Plimpton) watches the Beans' messy comings and goings through her picture window, paying particular attention to hunky Beal Bean (Patrick McGaw), who is not paying much attention to her. He's sleeping with his father's common-law wife, Roberta (Kelly Lynch), while the old man (Rutger Hauer) does time in jail for beating a game warden half to death. This drama is, as Earlene says, better than watching television: it is live, and it is X-rated...
...fact, some councillors said they expect Walsh to run in the next election, thanks to Lynch's ruling...