Word: afters
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Dates: during 1980-1989
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The Party. After serving as party leader for 47 days, Egon Krenz resigned, along with the entire Politburo and Central Committee. The party's emergency congress then selected Gregor Gysi to replace Krenz.
The Government. After only four days as Deputy Prime Minister, Marian Calfa won the top job last week when Ladislav Adamec quit. At week's end Calfa offered to form a Cabinet in which half the members would have no ties to the Communist Party.
After more than two troubled years as the Government's top savings and loan regulator, M. Danny Wall fell victim to the nation's spreading S&L scandal. The clamor for his ouster mounted last month after lower-ranking bank examiners told Congress that Wall had unduly delayed for 21...
That crisis could soon become worse, because new requirements designed to strengthen the thrifts could instead push many of them into extinction. Starting last week, S&Ls must greatly increase their capitalization as a hedge against losses from problem loans, interest-rate swings and bad investment decisions. Among other things...
The most somber note at the session was struck in assessing the state of the Soviet Union. Soviet panelist Andranik Migranyan, senior research fellow at Moscow's Institute of Economics of the World Socialist System, warned that after five years of perestroika, "our economists say we have yet to hit...