Word: bails
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...finally decided to end the Kockums subsidies because the firm had received no new orders in more than two years. In Hong Kong, the Tung family fleet of some 150 ships has nearly gone aground because of $2 billion in debts. A group of the Tungs' bankers helped bail out the company this month by giving it easier payment terms. The demand for cargo ships has been slackening since the mid-1970s, when oil prices went up and industrial countries began cutting back their imports. At the same time, shippers were taking delivery of huge fleets of carriers they...
Barkan said the key problems with the final SACproposal were the absence of a "bail-out clause,"whereby the Review editors could opt to leave ifthe new situation were not satisfactory, and thefact that the editor-in-chief's status would bebelow that of the publisher...
Customs agents and Harvard police arrested the Harvard lecturer at his home on December 10. He is free on $25,000 bail pending trial...
...decimation of a Memorial Drive lamppost, overturning the guard house on the way out of the Yard, and trashing the new sculpture next to Out of Town News. All three are charged with DWI. Dean of Students Archie C. Epps III graciously leaves a black-tie gala to bail them out of the Cambridge Police Department jail...
Cleary, De Voe and Oehmler were arrested by Wellesley police following the incident, and spent the night at the Wellesley Police Department jail. They were released on bail the next morning...