Word: investments
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Only after the murders provoked a national outcry did the FBI enter Mississippi in force and begin a massive effort to undermine the Klan. Until then Director J. Edgar Hoover's insistence that the bureau was a strictly investigative agency forced FBI agents to invest far more energy in busting stolen car rings and foiling bank robberies than in probing even the most flagrant depredations against blacks. In 1961 the U.S. Commission on Civil Rights suggested that since the bureau was often so closely linked to Southern law-enforcement officials, another group might take over the handling of civil rights...
...three years, we averaged earnings up nearly 70%. Nothing happened ((to the stock price)). Then we had Black Monday. Stocks went down. It really became evident that this business, especially the tobacco business, should be run as a private business. The shareholders, who are the people who invest in this thing, aren't making...
...risks, and some junk-bond buyers are becoming picky. While cash has poured in from such staid investors as the Harvard and Yale endowment funds and many state pension plans, other money managers are refusing to play. Says New York City comptroller Harrison Goldin, who oversees the investment of some $30 billion in pension funds: "I cannot condone activities that divert so much time and energy from investments that create new jobs and opportunities to those that reshuffle chairs. Pension-fund managers are supposed to invest in the American economy...
...Johnson disclosed that he wanted to buy RJR Nabisco, for example, than the company's $5 billion of outstanding bonds lost 20% of their value. Furious bondholders, including Metropolitan Life and ITT, immediately sued for damages. Declared Metropolitan Life chairman Creedon: "No one in his right mind wants to invest in corporate bonds anymore." In fact, the LBO binge has created a financial innovation called the "poison put," which guarantees bondholders against the risk of buyouts and other unexpected deals that might depress their holdings...
...Harvard should not invest in blind trusts orgroup investments of any sort where they can'tcontrol the investment process or guarantee thatit will be in accordance with Universityinvestment guidelines," Weissman said...