Word: prudent
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Mutual funds own 30% of all junk bonds. Funds that promise "high income" or "high yield" are generally the ones that invest heavily in junk. Most prudent fund managers have been switching during the past year to more creditworthy issues, including Kroger and Fort Howard Paper. Yet the depressed market value of most junk securities means that fund investors who sell out now "will take some pretty substantial losses," according to Brian Ternoey, an employee-benefits consultant in Princeton, N.J., who advises clients to wait for the market to rebound...
With the easing of tensions between the superpowers and the expansion of democracy, it is clearly time for prudent bilateral reductions in defense spending. President Bush's proposed troop reductions in Europe are one such example...
...under intense pressure to run for mayor from the same Washington power brokers who earlier shunned him as a carpetbagger. But Jackson was wary, suspecting that his political opponents were hoping to bury - him in a no-win job. Jackson's public statements have been typically coy and evasive -- prudent politicians "never say never," he declared -- but privately, for now, he is heeding the counsel of friends and his wife Jackie to stay out of it. Settling into the mayor's office would mean being tied down by the Lilliputian strings of Washington's troubled municipal bureaucracy. Speaking before...
This concept of "existential deterrence" (so named by McGeorge Bundy, who was at John F. Kennedy's side during his showdowns with Khrushchev) is rooted in common sense and experience alike. Yet until now it has never been deemed a prudent basis for keeping the peace. Why? Because worst-case assumptions about Soviet intentions have fed, and fed upon, worst-case assumptions about Soviet capabilities...
...Panama invasion marks the latest, but far from the first, stage in a monumental transformation of George Bush: from a President whose overriding imperative during his initial months in office was to avoid doing "something dumb," to a self-confident chief mapping a bold and individual -- if not always prudent -- foreign policy that he is quite willing to back with military force...