Word: badness
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Dates: during 1980-1989
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Beyond the bad publicity the Jacksons' tour has got [SHOW BUSINESS, July 16] are five sexy, talented entertainers...
...complex plan announced last week calls for the FDIC to hold 80% of Continental's stock. The agency hopes to create a more solid bank by shrinking the institution to less than three-fourths its former size. The bank will sell the FDIC $4.5 billion worth of its bad loans for $3.5 billion, taking a $1 billion loss on the deal. In addition, the agency will give Continental another $1 billion to put it in better financial shape. In a final sign of support, the FDIC stated, "If, for any reason, the permanent assistance package proves to be insufficient...
...huge bailout represented a painful step for the Reagan Administration, which is philosophically opposed to Government intervention to save failing firms. Treasury Secretary Donald Regan described the structure of the bailout as "bad public policy," because it puts a federal agency out on a limb to protect private investors. In a 4½-page memorandum to the heads of the three federal agencies that regulate the banks-Isaac, Comptroller of the Currency C.T. Conover and Federal Reserve Chairman Paul Volcker-Regan argued that the action was "implicitly extending a U.S. Government guarantee to all bank holding-company creditors...
...Continental will have essentially no bad loans. They're probably in better shape than any U.S. bank...
Spectators love the spills and thrills, but as one young fan said during the pre-race parade of Miss Toyota. Miss Yamaha and local disc jockey Charles Laquidera hamming it up. "Christ, I just wish they'd get on with it. Motocross fans image is almost as bad as that of the racers themselves Promoters insist it is as inaccurate...