Word: bankrupting
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...Procter & Gamble's Pampers appeared in 1961, disposables held only 1% of the market; today they account for 85% of the $3.5 billion diaper industry. "We were against the ropes in the '70s," recalls Nan Scott, president of Dy-Dee Wash in San Francisco. "A lot of companies went bankrupt. Now we're bouncing back...
...decision could invite lawsuits from other insolvent S&Ls seeking to avoid seizure by OTS. But the agency has received temporary permission to continue taking over bankrupt thrifts pending an appeal. Meanwhile, the Bush Administration moved quickly to nominate T. Timothy Ryan, a former top Government lawyer, as the new OTS chief and urged the Senate to expedite approval...
Invite 140 former employees of Drexel Burnham Lambert to appear on TV and you get a gripe-athon, right? Actually, it was more like the I Love Drexel show. On Donahue last week, dozens of mostly out-of-work Drexelites praised their bankrupt former employer and blamed its fall on everyone but themselves...
That is a tall order for a country whose institutions are riddled with corruption and whose government is financially bankrupt. An ever present threat is the military, which has virtually ruled Haiti since Duvalier fled. At last week's inauguration, Major General Herard Abraham, the army Chief of Staff, saluted smartly and informed Trouillot, "Madame President, the armed forces are at your command." Although Abraham promised that his troops would stay in the barracks, Haitians were worried about the resumption of confrontations two weeks ago between citizens and soldiers, which have left at least 24 people dead...
...casino battle, Trump fought Griffin in a vicious take-over battle for control of the boardwalk. In the end, Griffin won Resorts, which is now almost bankrupt. Trump ended up with a lot of cash, which he used to finish the Taj Maha! casino located conveniently next to Resorts...