Word: virtual
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Dates: during 1980-1989
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...furious growth. One reason is that junk bonds earn hefty fees: Drexel charges 3% to 4% of an offering's total value, compared with a fee of less than 1% for a higher-grade issue. Milken's web of buyers and sellers for the bonds has given him a virtual lock on the market, though the entry of such competitors as Morgan Stanley and First Boston has whittled Drexel's market share from a monopoly in the late 1970s to about 50% today. For his huge contribution to Drexel's bottom line, Milken has pocketed bonuses of as much...
Bush carried only non-resident Dudley House, bya whopping 64 to 18 percent margin, with 18percent undecided. Meanwhile, Dukakis and Bushbattled to virtual ties in Eliot and KirklandHouses. Dukakis won most handily in Dunster andQuincy Houses by more than 5 to 1 margins, withthe other houses favoring the Democrat by about...
...tightest Senate races is in Florida,where a late-hour poll showed a virtual dead heatbetween Democratic Rep. Buddy MacKay andRepublican Rep. Connie Mack for the seat beingvacated by Democratic Sen. Lawton Chiles...
Recent public opinion polls show Dukakis closing fast on Bush in several key states including California, a must-win state where Dukakis aides said an 11-point Bush lead a week ago has shrunk to a virtual...
...anti-drug bill, how does The Times or The Post explain the support from the nearly 60 senators who are not up for re-election next month or the incumbents who are virtual locks come November...