Word: rising
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Dates: during 1990-1999
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...fight and want to disarm their G.O.P. opponent. "By voting for this, I'll have more credibility to criticize Republicans if they continue to behave in a partisan fashion," said Ellen Tauscher, a savvy freshman from suburban San Francisco. "It doesn't appear to me now that these offenses rise to impeachable offenses," she added, but it is all her opponent will talk about. "I want to talk about why he opposes the assault-weapons ban and why he supports the flat tax. Partisan Republicans want this election to be about the President. [But] the American people are fair, hardworking...
...hottest stock tip. Pssst--zip drives. Ooh, baby! Not anymore. Today's darling is the geek in the corner explaining zero-coupon bonds. Zero what? You know, those tricky little devils that look like bonds and move like stocks and, um, are only up 25% this year after rising 22% last year. Ooh, baby! That's right. Just when you had given up on another year of 20%-plus investment gains (and having anything to gloat over), along comes a sharp decline in interest rates that has been a boon to interest-paying securities. Bond prices rise as yields fall...
...biggest spoils have gone to aggressive investors who own "zeros," which rise and fall about twice as fast as regular T-bonds. Zeros, up 9.3% in the third quarter, aren't as exotic as they sound. You may know them as TIGERS (Treasury income growth receipts) from Merrill Lynch or CATS (certificates of accrual on Treasury securities) from Salomon Smith Barney. Basically, a zero is a bond that pays no current interest and is sold at a deep discount to its face value. The interest payments are built into the price at which the holder redeems the bond when...
...from the ugly spectacle of Golden State guard Latrell Sprewell's assaulting his coach. The league was also facing the prospect of life without Jordan, who made pro basketball a global franchise. And now the sport is about to alienate its fans, precisely when baseball is on the rise...
Whether Willey's allegations ever rise to the level of impeachable crimes is far from certain. But the three people whose statements Starr sought to keep confidential may figure in the process of getting there. Two of them--Dan Gecker, Willey's lawyer, and Marlene MacDonald, a Willey friend and co-worker in the White House--were in a position to corroborate her story. They were interviewed by the FBI. The third, major Democratic fund raiser Nathan Landow, is apparently being looked to for other answers. Investigators want to know if Landow, who knew Willey socially, tried...