Word: besets
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Richardson's indignation, if not his blunt tactics, are widely shared. Beset by tough new regulations and saddled with hastily made loans that went sour in the go-go '80s, many lenders are reluctant to grant credit even to borrowers who present few risks. While the squeeze has so far been greatest in New England and neighboring states, economists are worried that it could swiftly spread. In a report issued two weeks ago, the Federal Reserve Board noted that 80% of the U.S. banks it surveyed said they had tightened their standards on loans for office buildings. A majority...
...Beset by new regulations and bad old loans, lenders cut back and customers feel the crunch. -- Attacking the lucrative drug-accessory trade. -- Andrew Tobias dissects a savings plan...
...murder stunned a city already beset by spiraling racial tensions. To many New Yorkers it symbolized a breakdown in racial civility that had no quick explanation or readily available cure. Some of the youths accused of killing Hawkins were jobless school dropouts with histories of drug abuse -- mirror images in whiteface of underclass young black males. The whites had armed themselves on the night of Aug. 23 because the former girlfriend of their alleged leader, Keith Mondello, had invited black and Hispanic guests to her birthday party. They mistook Yusuf and his comrades for those guests...
...look to the works of Reynolds Price. Since his 1962 debut with A Long and Happy Life, the elegant North Carolina novelist and poet has been examining the eternal puzzle of families as they love and hurt one another, come together and burst apart. The unlucky ones are beset by betrayal and murder and suicide. The lucky ones are brought to the brink of destruction but through grace and common sense find a way to live in the universe and with each other...
...retail industry beset by sluggish sales, Dayton Hudson has been a - star performer. Profits of the Minneapolis-based company, whose 666 stores include Dayton's, Hudson's, Mervyn's and the Target discount chain, rose 43% last year, to a record $410 million. In its boldest expansion yet, the company said last week it would acquire Chicago-based Marshall Field's, a premier retailer, for $1.04 billion from London's B.A.T. Industries. B.A.T., which is battling a takeover attempt by Sir James Goldsmith, will use proceeds from the sale to buy back part of its stock...