Word: bankrupting
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...will likely pay substantially less when they renew the contract this year. About half of the 26 teams, including the Oakland Athletics and Cleveland Indians, lost money in 1991, and more clubs are expected to do so this year. There are even rumors of one or two franchises going bankrupt within the next few years...
Roxbury Liquors, which is presently bankrupt, has officially shut down the Keg King subsidiary due to financial problems and community objections...
...Thomson-CSF, aware that access to LTV's Stealth technology would never be approved, brought the Carlyle Group into the deal specifically to buy the aircraft operations. Still, critics object that Thomson-CSF is essentially buying U.S. secrets. Asks a Pentagon insider rhetorically: "Why else would Thomson buy a bankrupt LTV in a declining defense market except to get the technology...
...resources and generating the bulk of global pollution. Many of the developing countries of the South, for their part, are consuming irreplaceable global resources -- eating the world's seed corn, as it were -- to provide for their exploding populations. And both groups have as an object lesson the now bankrupt countries of the East bloc, whose singularly inefficient path to industrialization has produced some of the worst environmental disasters the world has ever seen...
...subject was casual, such as imploring a White House staffer not to eat on the plane so he could dine with Perot and his wife. Other times it was serious, such as agreeing to the Administration's request that he shore up Wall Street by taking over a nearly bankrupt brokerage...