Word: avoiders
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Dates: during 1980-1989
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Even so, the double coincidence of names has unnerved shareholders of the Encino bank, so John Keating will probably change its name to avoid any more confusion. He jokes that he may also rechristen himself Fielding Mellish, the name of the goofy dictator in Woody Allen's 1971 movie Bananas...
...this money has an endless variety of sources: an Argentine businessman who dodges currency-control laws to get his savings out of the country; a multinational corporation that seeks to "minimize" its tax burden by dumping its profits in tax-free havens; a South African investor who wants to avoid economic sanctions; an East German Communist leader who stashed a personal nest egg in Swiss bank accounts; or even the CIA and KGB when they need to finance espionage or covert activities overseas...
...world's prosperity depends on a fluid and unfettered financial system, yet the lack of supervision is producing a large shadow economy. The IRS estimates that tax cheats skim as much as $50 billion a year from legitimate cash-generating businesses and launder the money to avoid detection. Banking experts calculate that the private citizens of debt-choked Latin American countries have smuggled more than $200 billion of their savings abroad in the past decade...
...banks and the Government already own an awful lot of homes -- 250,000 would be a rough estimate -- which alone is reason to expect prices to be weak. The Resolution Trust Corp., set up to sell off the holdings of hundreds of failed S&Ls, is pledged to avoid triggering a price crash. Yet this is an arm of the same Government, after all, that actually lost money auctioning off confiscated drug loot...
...more fundamentally, non-ordered choice will fail because it will allow students who would ordinarily not live in the stereotyped houses to continue to avoid them. After all, a perennially popular first-choice house is "Anywhere but Adams, Eliot or Kirkland...