Word: trumps
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...utterly novel idea of packaging an option on Irises, in the event that Dallhold Investments -- the holding company through which Bond owned the picture -- defaulted. The auction house rejected this proposal. In late 1988 Bond himself reportedly tried to pass off Irises to the New York megadeveloper Donald Trump as partial payment on a $180 million deal for the St. Moritz Hotel. Trump, no collector, said the painting was worth only $30 million and turned him down...
...starchy GOP lineup doesn't fully explain the Democratic victories. The Democratic "trump card" was clearly the abortion-rights issue. During the campaign, which in some cases began to resemble a plebiscite on abortion rights. several Republicans backpedaled frantically from hardline anti-abortion stances. They either reversed their positions, as did Giuliani and New Jersey gubernatorial candidate Jim Courter, or minimized the issue, as did President Bush last Tuesday...
...Junk Bond Fund Drive. Derek Bok could lead a group of aspiring student financiers to Wall Street with enough of Harvard's endowment to buy out the Trump Shuttle. After renaming it the Harvard Shuttle, and promising that it will run on time, they could build a runway behind Soldier's Field...
...stop with the Trump shuttle? With the monstrous amount of cash in the endowment, Harvard could become the most feared corporate raider since Trump himself. We could buy the Holiday Inn chain and refurbish the rooms with blocked- in fireplaces, extra-- long beds, and light fixtures that resemble giant glowing alka-seltzer tablets...
...over $48,000 per year. Nor does it apply to "unearned" income such as interest on bonds. Thus, Social Security takes a huge bite out of a minimum-wage janitor's paycheck, while it costs next to nothing for a lawyer with a six-figure salary or a Donald Trump who makes his money by shuffling assets...