Word: bails
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Under Secretary of Treasury for Finance. One out of every six savings and loans has gone bankrupt, and the Treasury Under Secretary will have to concoct a plan to raise $60 billion to bail them out. In his spare time he will oversee the so-called Baker Plan for easing the Third World debt crisis and coordinate efforts to steady the unstable dollar...
Three of those convicted of treason were senior front leaders who had spent 40 months in jail without bail--Popo Molefe, 36, who was the coalition's national secretary; Terror Lekota, 40, who was its chief spokesman, and Moses Chikane, 40, a leader of its Transvaal Province branch...
...Philippine patriot." It was also an implicit suggestion that she and her husband, longtime friends of the U.S., are now being persecuted by the government that agreed to give them asylum. The message was underscored by tobacco heiress Doris Duke, who stepped forward to post Mrs. Marcos' $5 million bail after Imelda's lawyers contended that the Marcoses had been living on "borrowed funds" since the Reagan Administration persuaded them to leave the Philippines. Why, Duke asked, "should America spend millions and millions of dollars prosecuting two people who for a generation have been our closest allies...
...Adult staff members, he said, would deal out up to 800 blows with "paddle, electrical cord or similar device," while other children looked on. Four adults, including two who delivered the dead girl to the firehouse, were charged with first-degree manslaughter and held in lieu of $250,000 bail. The children were placed in the protective custody of juvenile authorities...
...speculation, Government regulators should sharply limit the amount of junk bonds and other risky investments held by institutions insured by federal and state agencies. In addition, the federal deposit insurance system should be revamped to ensure that it encourages prudent management at financial institutions. At the moment, regulators bail out mismanaged S and Ls and often turn them over to new owners who commit little or no capital of their own and who get a free ride to continue the institutions' speculative activity at no risk to themselves...