Word: bankrupter
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Dates: during 1980-1989
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...built apartments in Brooklyn and Queens. But Trump the younger focused on the borough of Manhattan. In the mid 1970s, when real estate prices there were depressed by a recession and the city's financial problems, Trump astonished people by buying the old Commodore Hotel from the bankrupt Perm Central. He gutted it, put in lots of glass and chrome, and reopened it as the Grand Hyatt. Says he: "We expected to get an average of $38 a night...
...THIS HEDGE is more of an indication of the manner in which businesses will use this vague ruling to barter with labor rather than a legitimate restraining caution. "If there was some way of making sure the businesses were really bankrupt, then I'd be much happier," Nesson concludes. There isn't, however, especially since businesses now won't have to wait for court approval before rejecting union contracts...
...aimed at known drug smugglers and that De Lorean, to the astonishment of federal agents, walked right into the net. He is charged with conspiring to distribute $24 million worth of cocaine in a futile effort to raise funds and keep his ailing sports car company from going bankrupt...
...million this year without reducing essential customer services. The firm must still find $70 million to $100 million in additional savings before the end of the year, or it will have to raise new funds. New York State officials are not prepared to allow the utility to go bankrupt, but a consensus has yet to develop on how to provide aid. One possibility: a tax-free state loan to help Lilco manage its debt until Shoreham's problems are resolved...
...however, would probably rather be throwing darts at his former financial adviser Kenneth Richards, who allegedly put millions of Connery's into an unsecured French real estate deal, which collapsed. Richards was ordered by a British court to pay Connery $4 million but shortly afterward claimed he was bankrupt. Great Hera! Probably not even Wonder Woman, to say nothing of James Bond, can recover the loot...