Word: australia
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Dates: during 1980-1989
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...episode," accusing Prime Minister Margaret Thatcher of acting ! "tyrannically." Thatcher denounced Kinnock's criticism as "feeble and nonsense" and, in a swipe at the U.S., noted acidly that "those countries protesting about repatriation would do far better to take some of the boat people themselves." While the U.S., Canada, Australia and France have all taken many boat people in the past, none have offered shelter to those now facing deportation...
...hour procedure, the surgeons removed the fist-size left lobe from 29-year-old Teresa Smith's liver and transplanted most of it into her daughter. The revolutionary technique -- transplanting a liver from a living donor -- had been performed in Brazil, Australia and Japan, but this was the first time it was tried in the U.S. Doctors have had a great deal of success in kidney, pancreas and bone-marrow transplants from living donors, and hope is rising that the liver will join that list. Says Dr. Christoph Broelsch, who led the Chicago transplant team: "This surgery potentially opens...
Herscu entered the picture in 1987. The Rumanian-born survivor of a Nazi labor camp, Herscu immigrated to Australia, made a fortune as a homebuilder and became famous for his flashy style. (His mansion is designed to look like Tara in Gone With the Wind.) He decided that U.S. retailing was a glamorous and growing business, so his Hooker Corp. bought B. Altman and the Bonwit Teller chain, which has grown to 17 stores, for $150 million...
...beginning of this year, though, Herscu found himself in serious trouble. Hit by rising interest rates in Australia and declining retail sales in the U.S., the 61-year-old empire builder did not have enough cash to weather the slowdown. By August, Hooker's U.S. subsidiary filed for bankruptcy, and Herscu resigned as chief executive...
...Antipodal Acquisitor. In 1983, in the midst of his glory days, Alan Bond's sloop Australia II captured the America's Cup. In the same determined manner, Bond, 51, has run up more than $3 billion of debt in recent years while capturing a global empire of properties ranging from half of Chile's telephone system to Wisconsin-based G. Heileman Brewing. To lighten his crushing debt load, Bond is now shedding properties almost as fast as he acquired them...