Word: bankrupting
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Dates: during 2000-2009
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...attack on cultural cooperation, with a particular group singled out for collective punishment, violates the essential spirit of scholarly freedom and the pursuit of truth,” Greenblatt wrote. “Such an act is intellectually and morally bankrupt...
...turned out that Hart was bankrupt. The chronic spendthrift had entrusted much of his income to William Kron, a money manager recommended by Rodgers. Oddly, the money could not be found. Further, according to a new will that magically materialized, 30% of the money Hart's estate might earn from royalties was earmarked for Kron and his heirs. Another 20% would go to Hart's actor brother Teddy; but upon Teddy's death this portion would devolve to the Federation for the Support of Jewish Philanthropic Societies, a favorite charity of Kron's. Teddy's son Larry, Hart's namesake...
...peaked at $64.50 three years ago, stopped trading last Tuesday at 83[cents], having all but wiped out employee retirement accounts. The plunge in WorldCom shares has cost investors upwards of $175 billion--nearly three times what was lost in the implosion of Enron. WorldCom is not yet financially bankrupt, but it's clear that it--like a fat slice of corporate America--has been ethically bankrupt for years. We're only now getting a look at the red ink on the moral balance sheets, and new revelations of malfeasance in one company after another are sending shocks around...
...doyen of French industry, Claude Bébéar - lobbied for his ouster. That behind-the-scenes intrigue reportedly got decisive support from Chirac advisers like Jérôme Monod - a former official at Vivendi's French rival Suez. Their view that Messier would bankrupt his corporate creation - discrediting the entire Paris Bourse in the process - was pressed upon Chirac allies on Vivendi's board, and down went Messier. Replacing him is Jean-René Fourtou, the non-executive vice chairman of Franco-German pharmaceutical giant Aventis and respected baron of French business. Staid, solid and focused...
...than half the population. Mahathir's attempts to reintroduce English as the medium of instruction and to roll back education and possibly business quotas for Malays have met stiff resistance from ordinary Malays. And his patronage of key Malay businessmen has also been less than successful; many wound up bankrupt, forcing the government to bail them out. "He's fed up," says Azim Zabidi, a former member of UMNO's Supreme Council...