Word: bailing
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Dates: during 1990-1999
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After the oil-price crash, Bush had begun looking for a bigger fish to swallow his little one. His "bail-out strategy," as he calls it now, was to have Spectrum bought out by a publicly traded company so his investors would have a shot at getting their money back. Texas-based Harken Oil & Gas (now known as Harken Energy Corp.) had been buying up troubled independents on the cheap, and Spectrum fit the profile. In one six-month period before the acquisition, Spectrum lost $402,000. It was $3 million in debt, with no hope of attracting a dollar...
...arrested on a Thursday; bail was posted by Clifford Durr, the white lawyer whose wife had employed Parks as a seamstress. That evening, after talking it over with her mother and husband, Rosa Parks agreed to challenge the constitutionality of Montgomery's segregation laws. During a midnight meeting of the Women's Political Council, 35,000 handbills were mimeographed for distribution to all black schools the next morning. The message was simple...
...only one jealous of those Internet billionaires. High-paid, lavishly pampered executives are watching small start-ups cash in -- and deciding themselves to bail out. The latest defectors to the Net side include Jake Winebaum, architect of Disney's Internet plans, and Lou Dobbs, money anchor for this site's corporate sibling, CNN. Who's going to run the old companies? It's yet another example of the Net creating chaos for business as usual...
Students were taken to a police station in EastCambridge, where they were booked for trespassingand slowly released on bail as lawyers arrived.Although Harvard decided not to press furthercharges, an irate Watson, the dean of students,personally charged one graduate student withassault and battery--a decision that provedfateful for James...
...because he plays so hard," says Knicks coach Jeff Van Gundy. "He's handled himself very well. He's been trying to do a lot of things this year. He's trying to rehabilitate his image and learn how the team works." Sprewell's got a tattoo of a bail bondsman's number on his calf. Of course New York is going to accept...