Word: bailouts
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...premium price set off speculation that the deal was as much a political as a financial bailout for Lance. Smith, a Republican, and his financial adviser, former Business Executive Henry Woodbridge of Pomfret, Conn., insisted that they conceived their plan to buy into a bank before they learned of Lance's problems. But Smith told TIME he had another purpose as well: "I wanted to contribute my little part to knocking out the hassle within the Government. Bert hadn't done anything wrong...
...billion loan from the International Monetary Fund. The transaction will still leave the government holding 51% of BP?at least if British courts let the Bank of England hang on to a 21.5% block of BP stock that it picked up two years ago in a bailout of cash-strapped Burmah Oil Co. (Burmah has petitioned to get the shares back...
With the constantly increasing height and mobility of college big men, the ref underneath has a chore tantamount to untangling gregarious octopi. "The referee on the outside is the key to the whole game" explains Hannon. "He has the best picture. He's the bailout...
...there is absolutely no change in my position," he declared at a press conference in Atlanta before he left for the international economic summit. Said Press Secretary Ronald Nessen: "The President is not backing away-quite the opposite. After trying in every way to scare this Government into a bailout, they have finally come up with a plan...
...Ford blamed New York's plight on "bad financial management" over the past decade, during which the city's expense budget tripled to more than $12 billion. He warned that a loan guarantee would set "a terrible precedent." Moreover, he said that the primary beneficiaries of a bailout would be "officials who would thus escape responsibility for their past follies [and] the large investors and financial institutions who purchased these securities anticipating a high rate of tax-free return...