Word: brinks
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...Brink'sprosecutions are drawing to a close...
...been nearly two years since a group of self-styled revolutionaries shocked the nation by holding up an armored truck in Rockland County, N.Y., killing a Brink's guard and, in a subsequent Shootout, two local police officers. It was quickly apparent that the attack was not merely a last violent gasp of the radicalism born in the '60s. Information gleaned from the robbery and murder scenes led police to "safe houses" in Mount Vernon, N.Y., The Bronx and elsewhere, from which they carted away truckloads of evidence. With that material, plus leads provided by informants, police began...
...withdrew $447 million during the first half of the year from the First National Bank of Midland (assets: $1.5 billion), whose loans to oil and gas producers turned sour. Earlier this month, the bank reported a second-quarter loss of $109.3 million. Many banks are now teetering on the brink of collapse. At the end of July, the Federal Deposit Insurance Corporation listed 540 "problem" banks, ranging from small state-chartered ones with too many weak agricultural loans to nationally chartered banks with bad business loans. Among the 540, the FDIC secretly lists dozens as likely to fail unless they...
...looks as though the Soviets may be bent on turning the Year of the Missile into a replay of the Cuban missile crisis, at least in its symbolic dimension, as a clash of wills between the superpowers. While this does not necessarily mean a return to the brink of nuclear war, it certainly does not augur well for an agreement that would secure the nuclear peace, nor for a summit at which such an agreement might be signed. -By Strobe Talbott
Once again last week, Brazil was at the brink. Part of its enormous $90 billion foreign debt was coming due, and the country had no way to pay. A team of tightfisted negotiators from the International Monetary Fund was in the capital city of Brasília demanding that in exchange for new loans the government had to curb its spending and cool inflation, which reached an annual rate of 180% during the first half of the year. Meanwhile, Brazilians, incensed by austerity measures already taken, were striking and taking to the streets...