Word: broking
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Dates: during 1990-1999
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...TIME has learned that even before news of the Liggett deal broke, other settlement feelers had gone out. Florida state senate minority leader Ken Jenne says that last Tuesday he was approached by Jon L. Shebel, president and ceo of the powerful Associated Industries of Florida, a lobbying group that includes Philip Morris, R.J. Reynolds and the Tobacco Institute. Shebel confirms that a conversation took place in which actual dollar amounts were bandied about. He admits that he mentioned payments of $105 million a year, "for a long time, maybe indefinitely," to settle the state's $1.4 billion lawsuit...
...would such good news turn Wall Street bearish? For one thing, the Street doesn't like surprises. This one broke the back of the sagging bond market, which had expected interest rates to keep falling. But the robust economic report hinted that rates might rise. The stock market headed for the exits, fearing that higher rates will lure money out of equities...
...then there was the surprise team of the weekend: No. 6 Harvard, a team that broke a nine-game losing streak en route to a 2-1 series victory over third-seeded St. Lawrence at Appleton Arena in Canton, N.Y. this past weekend...
...approaches to financing the rest of the race. So by Thursday, Dole operatives and the Governors were once more burning up the phone lines, trying to solve the new problem in Bob Dole's life: how to live well on nothing. The fear is that the campaign will go broke before California, a winner-take-all state with 165 delegates. "That means that Forbes could win out there and nobody goes to the convention with enough delegates to win," says a participant in the strategy sessions. "California is becoming the circuit breaker...
...worst spasm of violence since the Israeli-Palestinian peace accord of September 1993. Citizens of Jerusalem were only just recovering from the city's first explosion when news broke of the second on the very same bus line--No. 18. Many wondered how the peace process could go on. Israeli President Ezer Weizman said, "It can't continue this way. We have to really stop and think...