Word: brakes
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Dates: during 1980-1989
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...week's end Canadian and West German police had pieced together the probable course of events. Late last month at least 200 Sri Lankans arrived in the small port of Brake, about 60 miles west of Hamburg, from elsewhere in Germany. Each had paid nearly $2,500 in cash and valuables for passage to Canada, but only 155 were permitted to board a ship, where they were confined to the hold and fed boiled rice. They were reportedly warned that they or their relatives would be harmed if they told the truth about their trip...
...firm's patriarch, and George Roberts, 42, left the Bear, Stearns investment house to start out on their own. Roberts recruited a cousin, Henry Kravis, 42, and later his brother-in-law, Robert MacDonnell, 47. They began arranging buyouts of small companies like A.J. Industries, a manufacturer of brake drums and other components, in which Kohlberg Kravis invested only $1.7 million in 1977 but earned back $66.3 million after it was resold. Today, after more than 20 buyouts, the four partners are worth an estimated $150 million to $500 million each. A fifth partner, Paul Raether, 39, joined the firm...
Alarmed at the political implications of a sputtering economy, Kadar as far back as 1979 put a brake on imports, including technology. But that left key industries without necessary new equipment. And consumers resisted efforts to limit foreign luxury goods...
...culture of quickness has inspired smaller operators to accelerate their pace as well. In Los Angeles, for example, time-conscious consumers can flip through the telephone book to find Speedy Attorney Service, Fast Glass & Screens, Rapid Brake Service, Instant Wedding Chapel and Swift Secretarial Service. The dry-cleaning listings of any phone directory look like a thesaurus entry for the word fast, including the omnipresent 1-Hour Martinizing shops and archrivals with such names as Prompt Cleaners, Presto Cleaners and One-Hour Lusterizing...
Less than a month after Hyundai Motor America introduced the $4,995 subcompact Excel, the first South Korean-made car to enter the U.S. market, company officials have discovered a problem that could result in complete brake failure. During routine predelivery checks, Hyundai inspectors found that a critical pin was improperly installed in the braking system of three cars. Though no accidents have been reported, the company took no chances. Moving fast, Hyundai executives last week voluntarily recalled all the 4,400 Excels sold in the U.S. Owners were promised free inspections and repairs by Hyundai dealers...