Word: nuveen
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Dates: during 1980-1989
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...York City officials, citing "chaotic market conditions," postponed a $450 million bond sale. Chicago's finance officers put a hold on a $50 million offering, fearing they would have to pay an extra 1.5% to 2% interest to woo jittery investors. Said John Noonan, a manager at John Nuveen & Co., the Chicago municipal-bond firm: "Packwood didn't know what the proposal would do to the markets. Now he knows...