Word: prudently
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Dates: during 1980-1989
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...sample his hearty apple pie. Eastwood, the actor turned mayor of Carmel-by-the-Sea, Calif., fired off the recipe to The Mayors' Cookbook (Acropolis Books; $14.95), a collection of more than 300 city leaders' favorite dishes. The contents are not only eclectic but reflect a politically prudent regional loyalty: Ed Koch of New York City advocates pasta primavera and Kathryn Whitmire of Houston sings the merits of huevos con chorizo (eggs with sausage). But gourmets may balk when it comes to the Lone Star broccoli casserole, the preferred dish of Mayor Jerry V. Debo III of Grand Prairie, Texas...
...decades the term junk bonds referred primarily to the downgraded securities of companies that had run into financial trouble. Standard & Poor's, the investment-research firm, classifies junk bonds as those rating lower than BBB on a scale of AAA to D. Few prudent investors wanted to touch such securities until the 1970s, when a young Drexel investment banker named Michael Milken began touting them as a good deal. He contended that their high yields, typically 3% to 5% above those of U.S. Treasury bonds, were extremely attractive, since junk bonds had historically gone into default only slightly oftener than...
...were less than 1% of its $10 billion worldwide sales last year. Said Kodak Chairman Colby Chandler: "We cannot see with any certainty a time when South Africa will be free from apartheid. The implication of that situation is a degree of business risk that we do not consider prudent." Kodak's 466 local employees, 61% of whom are nonwhite, have been told that they will lose their jobs...
...concern that such traits would make the individual less able to carry out the duties of a soldier. The military simply feels that AIDS-related symptoms would do likewise. In addition, members of our country's armed forces are entitled to many benefits, including health care. It therefore seems prudent that the military should not take individuals who may soon require extensive medical treatment and the related financial burdens. With the large number of people wishing to join the military today, the services can afford to select those who are most physically...
...will have, therefore, many fences to mendbefore making a place for yourself. You will alsowant to prove yourself intellectually," Landescontinued. "Under the circumstances, it would beonly prudent not to undertake too much...