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...term junk bonds conjures up an image of useless certificates sitting in a pile in someone's garage. Nonetheless, junk bonds, which originally were issued mostly by companies in financial trouble, have taken on a slick new role as a money-raising device for corporate-takeover artists and entrepreneurial companies. The amount of junk-bond issues has grown from $3 billion in 1982 to $14.3 billion last year...

Author: /time Magazine | Title: Selling Junk: Popular but precarious bonds | 5/6/1985 | See Source »

...proliferation of the paper, though, is causing both moneymen and legislators to wonder whether the junk pile could collapse. Last week New Mexico Republican Pete Domenici introduced a Senate bill that would halt the feverish growth by putting a moratorium until the end of the year on most takeovers financed by junk bonds. The bill could put a stop to deals like Corporate Raider T. Boone Pickens' plan to acquire Unocal with some $3 billion in junk bonds, one of the largest issues ever proposed...

Author: /time Magazine | Title: Selling Junk: Popular but precarious bonds | 5/6/1985 | See Source »

...kindling, let's pile high all the Bean catalogue on campus. Self-proclaimed ex-preppies can speak on how they broke the habit, and we can burn an effigy of Lisa Birnbach...

Author: By Steven Lipin, | Title: Got Those Homogenized Blues | 5/2/1985 | See Source »

...million and brought in $180 million; and Police Academy (1984) also cost $4.8 million and made about $150 million. Studio executives are awed by such huge returns from such small investments, but, being over 20 themselves, they find it hard to tell which gross-out will make a big pile, like Porky's, and which will make a little pile ($22 million), like Hot Dog . . . The Movie. "Kids know what they want to see," says Sherak. "I can't tell you how they know. But they know...

Author: /time Magazine | Title: Cinema: And Animal House BEGAT . . . | 4/15/1985 | See Source »

...high-technology gear across the country for Bekins Van Lines, they haul a little high-tech luxury for themselves in their $35,000, 120-in.-long cabin. While on the road, Robin prepares broiled chicken and fresh steamed vegetables in the kitchenette complete with a microwave oven. The thick pile carpet and acoustically padded walls are easily cleaned with the central vacuum- cleaning system. After dinner she may watch a prerecorded episode of Dallas on their VCR and remotecontrolled color TV. When 6-ft. 4-in. Dan stretches out on the double bed for a night's sleep, Robin...

Author: /time Magazine | Title: Living: Now It's Home, Home on the Road | 4/15/1985 | See Source »

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