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Word: bankrupting (lookup in dictionary) (lookup stats)
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Human rights organizations refer to Doe's decade in power as a reign of terror. His government was brutal and corrupt; the country is nearly $2 billion in debt and virtually bankrupt. It is not certain, however, that Taylor will be an improvement. While he talks about free elections, he does not specify when they might take place...

Author: /time Magazine | Title: Africa The Would-Be President | 6/18/1990 | See Source »

...said last week it was "actively examining opportunities to reduce or refinance our debt." Macy's has been reeling from interest charges on $3.7 billion that it borrowed in 1986 for an LBO. The company's woes worsened last Christmas, when it tried to match desperate markdowns at the bankrupt-bound Allied and Federated department store groups -- the properties of debt-driven Canadian raider Robert Campeau. The problems of retailers were underscored last week when Ames Department Stores, which entered bankruptcy in April as a result of an ill-fated $800 million takeover of the Zayre chain, said it would...

Author: /time Magazine | Title: Forgive Us Our Debts, Please! | 6/18/1990 | See Source »

...Bakker, has recently spelled nothing but trouble. In its heyday, PTL operated the biggest all-day, all-God TV network and reached 14 million cable households, in addition to controlling a theme park and retirement village. But its founder's fall and imprisonment shattered the empire and left it bankrupt. Last week it got a new -- and quite unexpected -- owner...

Author: /time Magazine | Title: Religion: A New Preacher for PTL | 6/11/1990 | See Source »

...disaster could cost $500 billion over the next 30 years. Still, insiders expect the Senate ethics committee, using * shamefully correct everybody-does-it logic, to go easy on the Keating Five -- the Senators who collected nearly $1.4 million in campaign donations from Charles Keating, of the bankrupt Lincoln Savings and Loan. Voters are likely to be harsher...

Author: /time Magazine | Title: The Morning Line | 6/4/1990 | See Source »

...long ago, screenplays seldom cost more than $300,000. But a dearth of innovative scripts and an escalation of film budgets may soon make the seven- figure script an industry standard. "The studios are creatively bankrupt," contends Steve Tisch, an independent producer. "I think the agents are aware of how scarce ideas are, and they're taking advantage of that...

Author: /time Magazine | Title: I Really Won the Lottery This Time: Hollywod Screenwriters | 5/21/1990 | See Source »

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