Word: ariz
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Dates: during 1980-1989
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...found enough bad loans and shaky business practices to shut it down. After Keating purchased Lincoln in 1984, he switched from investing in safe, single-family mortgages to go-go deals in raw land, junk bonds and huge development projects like the $900-a-night Phoenician Resort in Scottsdale, Ariz...
...After cabdriver Iran Bolton picked up an early morning fare at a Phoenix Ariz., night spot, the customer held a broken bottle to her throat and forced her to pull into a deserted area. Robbing her of $70, the thug pushed the woman out of her cab and threw her to the ground. When her assailant ordered her to crawl in the dirt, Bolton responded by emptying her pocket semi-auto into him. He died later in a hospital...
...Douglas (1988 defense sales: $9.7 billion), the largest U.S. military contractor, reported a loss of $48 million during the same period. If Cheney sells his plan to end production of the company's AH-64 Apache helicopter in 1991, as many as 4,000 McDonnell Douglas workers in Mesa, Ariz., and Culver City, Calif., could lose their jobs...
...unique. Just across the way, House Ways and Means Committee chairman Dan Rostenkowski was playing in a Bob Hope celebrity golf tournament and managing to squeeze in speeches to five special- interest groups. And just after New Year's Day, 18 Senators and their wives were flown to Scottsdale, Ariz., to play in a charity tennis tournament with executives of Dow Chemical, Citibank, Morgan Stanley and Motorola. The next weekend another group of Senators was schussing down the slopes in Park City, Utah, courtesy of American Express, Delta Airlines and U S West...
There's no mayor, no water system, not even a stoplight. But each winter, tiny Quartzsite, Ariz., grows to absorb 200,000 people, only to shrink again come spring. What attracts the snowbirds...