European Stars and Stripes (Newspaper) - April 29, 1990, Darmstadt, Hesse Stateside views one Many a junk is another a trash Charles Osgood Tribune Media service now that the exciting Story of the adventures of Drexel Burnham Lambert has entered a dramatic new chapter which is to say chapter 11,1 am willing to bet that Back there in chapters 4, 5 and 6, when everything was going so Well and investors were expecting the Moon on a plate no Drexel Salesman Ever called a customer and said a they Al How a you like to buy some More junk Bonds a the word junk never came up ill bet. The euphemism was a High yield a got a great Opportunity for you Al this Issue yields 17 v2 percent excellent prospects. You want in what la i put you Down for a Al of course knew common parlance for it As Well As anybody but one does not drag a Rusty old four letter word like junk into the front parlor does one furthermore the Drexel Burnham Pedigree did not seem to go along with the word this was after All a High class High society. Burnham is downright shakespearean As in a still Birnam Wood remove to the elizabethans just did no to know How to spell Burnham that Sall. As for Lambert you accent the second syllable and done to even pronounce the final t. Lam Bear. Now that a what i Call class. The Drexel the Burnhams and the la bears surely never worked up a sweat or got dirt under their fingernails. So How could they be junk dealers no they were a High yield Bond specialists a that a what they were. Their customers became so fond of the narcotic like kick they got from the High yield Bonds that they became like junkies or should we say a High yield Dies the word a a junk has Long been tossed out on the High yield pile without much thought being Given to it. When i began working As a network news correspondent for example there was already a legendary expense account Story about a Veteran correspondent who had been stationed for several years in Hong Kong and was being transferred Back to Chicago. In the midst of a lot of Cable traffic Between the correspondent and the network about allowances for moving expenses was a Short message to new York saying a assume i have approval to ship personal junk Back to there was a prompt reply a replying to query of to ship the accountants at network Headquarters in new York were a bit taken Aback a few weeks later when the Bill came in for shipping the correspondents boat a chinese junk All the Way from Hong Kong Harbor to Lake Michigan. Very Clever these correspondents. Just goes to show that even when you Label a junk As a junk a some people wont get the idea. Albert einsteins last High school report card algebra a a geometry a a physics a 8 chemistry a b German pc drawing a c geography a c French a d a cantonal school Aarau Switzerland in 1896 source Bostonia Magazine largest ancestry groups in the United states English 49.6 million German a 49.2 million Irish a 40.2 million afro american a 21.0 million -12.9 million 12.2 million �?10.0 million 8.2 million 7.7 million 6.7 French italian a scottish polish a mexican american Indian million words censored in movies in 1933 Lousy Madam nude sex Alley cat Broad Dame guts mistress Punk source behind the screen source . News amp world report look at to �0p��, Jucoff pm pu6uc pc it accomplish r a thins a it your atat7m6.i do sows to in rtt w i j Man april 29, 1990 sunday Page 3
