Word: bailing
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Dates: during 1980-1989
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...form of the long familiar pyramid game, called "Airplane," is luring investors with profits of up to $12,000 on a $1,500 ante -- if they can get on board soon enough. Participants buy into an eight-person "plane," then work their way up to "pilot," and bail out with cash. One Los Angeles player claims her profits flew to almost...
Overnight, it seems. Back in the early '80s, the state had so much oil money that State Representative Hoyt ("Pappy") Moss proposed to bail out Chrysler, Cleveland and a couple of other basket cases in the Lower 48. A few years before that, the legislators, in a gesture of unprecedented largesse, did away with the state income tax. In its place, they substituted a state- sponsored giveaway. Each and every resident was paid an annual "dividend" of some $500 merely for living in the state. The big spenders in Juneau also voted to give residents 65 and older an additional...
WASHINGTON--State Department officials, citing White House concern, bypassed normal procedures in 1985 to bail out a financially strapped company that was aiding the Nicaraguan Contras, a department memo shows...
Gotti, who had been imprisoned without bail since May, returned to his home in Howard Beach, Queens, to savor his freedom. Assistant U.S. Attorney Diane Giacalone, the prosecutor, refused to speculate on why the jury did not believe her case. Said she: "We presented the evidence as best we could. That was our job. The jury's job was to decide whether the defendants were guilty. They did their job, and that is the end of that...
Laub--who is charged with three criminal violations--identified himself as a member of the International Committee Against Racism (INCAR), a Marxist student coalition. He is free on $15 bail and will be arraigned Monday...