Word: beset
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Dates: during 1980-1989
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...Federal Savings and Loan Insurance Corporation is supposed to be the lifeboat of the thrift industry, but these days the agency itself is in dire need of rescue. Playing its role as the insurer of deposits in savings institutions, the FSLIC has been nearly swamped by adversity. Beset by severe loan losses, 50 of the 3,200 federally insured savings and loan associations and savings banks have either been reorganized or forced by the FSLIC to merge with other institutions this year. As the agency reimburses depositors at collapsed savings and loans and pays out large sums to healthy institutions...
...look back. Something might be gaining on you." That old admonition from Baseball Great Satchel Paige is taking on special meaning these days for IBM. Beset by rivals and mired in an industry-wide slump, Big Blue in 1986 has had a year it would rather forget. Even as the firm proudly announced its new line of System 9370 business computers last week, there was speculation on Wall Street that its net income may be down again this year. Profits had already dipped .4% in 1985, to $6.6 billion. The nervousness pushed IBM stock down from 133?...
Recent short stories in America are chronicling the American malaise of boredom. In much the same way that Latin American writers have made the novel a symbol of the fantastic convolutions and discombobulations of their history, American short story writers choose their form to mimic the small problems that beset us. A novel about boredom would be boring...
Bate termed President Derek C. Bok's failure toapprove Watson's tenure nomination a sympton of "asort of arteriosclerosis" that has beset Harvard'stenure process...
Meanwhile, houses on Florida's eastern coast are beset by another insect immigrant. The Formosan termite, thought to have arrived there aboard a seagoing yacht, forms colonies underground. Its subterranean paths sometimes extend as far as 300 ft. Says Entomologist Nan-Yao Su of the University of Florida's Fort Lauderdale Research and Education Center: "In one instance, in Hallandale, Fla., a single colony had driven foraging tunnels underneath four large condominium buildings and infested each one." The insects chew up virtually anything in their path. Last year downtown Honolulu lost power for half a day after Formosan termites severed...