Word: americanizing
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Dates: during 1990-1999
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Assuming a new identity, Eric Stevens, and taking up with Sonia Schulte, the wife of his former boss at LaSalle Street, Frankel heard about a troubled Tennessee insurance company, Franklin American Life. In 1991, with money remaining from his derelict investment funds and a few dubious letters of credit, he founded Thunor Trust as a vehicle to take over Franklin. Thunor was run by two Nashville businessmen, who also claim to be victims. Frankel then used Franklin American's assets to purchase at least 10 other insurance companies throughout the South and Midwest. Laxly regulated insurance companies such as Franklin...
...Surely American kids have never faced a more corrupting, corrosive and threatening environment. Or have they? Given the recent headlines and hand wringing, it is something of a shock to discover that according to a major new kids' survey, children don't see the world that way at all. For them, the mid-century mantra of youth still applies: What, me worry...
There are other signs of change. The most worrisome: 1 in 6 kids ages 12 to 14 claims to have seen a gun at school. Other studies have also shown that American kids have easy access to guns. That kids in the survey feel safe at school may be because school shootings remain rare. The study did find, however, that black and Hispanic children are a lot more worried than whites about being crime victims...
...Gunby brought his gripes to the attention of the Texas state legislature and then aired them before the American Medical Association. Last week, at its annual meeting, the organization representing 290,000 doctors in the U.S. voted to try to bring Gunby and his colleagues some relief in an unprecedented way: by forming a labor union...
...strike. It is even shying away from using the word union, preferring the squishier "national negotiating organization." The group says it will rely on tamer job actions like "slowing a bit on completing paperwork" required by HMOs. Yet representatives of other doctors' unions, such as the Union of American Physicians and Dentists, claim the A.M.A. is making a mistake by voluntarily giving up its most important bargaining tool...