Word: pullmans
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...bond can be secured by any dependable stream of revenue--corporate earnings, tax receipts, mortgage payments, Bag of Bones royalties. Bag of Bones? Well, yes, not to mention Carrie, The Shining and The Green Mile. You see, Wall Street financier David Pullman, who in 1997 rocked investors with "Bowie bonds," backed by royalties on the songs of David Bowie, is planning to create securities based on the earnings of authors. And while Pullman won't name the writers he has approached, may we suggest that a Stephen King bond would be an excellent investment opportunity...
Here's how it would work if, for example, Pullman issued $100 million worth of King bonds. The money raised, minus commissions, would go directly to the fright master himself in the form of a loan. That means, Mr. King, that it won't be taxable income. Investors who buy the bonds would get the principal back over about 10 years, plus perhaps 8% annual interest, from King's royalties. Need references, Mr. King? In the past three years, Pullman Inc. has announced deals involving more than $200 million worth of bonds secured by the works of not only that...
...business of "asset-backed" securities had begun getting creative long before the deal with Bowie. Britain's Punch taverns managed to float bonds collateralized by future beer sales. But no one had aced the intangible realm of intellectual property. Pullman foresees the securitization of everything from patents to screenplays...
...life is the human, including our hero Cale (voiced by Matt Damon), who has a lousy job sawing the edges off bulky space trawlers. Guess what? Cale has a great destiny in store once he hooks up with his dead dad's pal--tough, hard-to-read Korso (Bill Pullman)--and an intergalactic crew of comic villains, saintly mutants and the requisite feisty babe (Drew Barrymore...
...TITAN A.E. Directed by Don Bluth and Gary Goldman Starring Matt Damon, Drew Barrymore, Bill Pullman JUNE...