Word: bunker
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...enough for them to afford the $300,000 house they are building in Normal Heights, Calif. Even though the Pattersons hardly feel like the upper crust, they realize they are no longer typically middle class either. Says he: "I think of the middle class as Archie Bunker, the guy who makes $35,000 while his wife stays home and cooks macaroni...
...three Hunt brothers who are the principal heirs of Papa H.L. -- Nelson Bunker, now 60, William Herbert, 57, and Lamar, 54 -- estimated their combined net worth to be between $5 billion and $6 billion. Last August they admitted that their fortune had fallen to about $2 billion. Since then, oil prices have plunged more than 50%, and it is now difficult to say what all those idle Hunt rigs and energy reserves are worth. The brothers still have many millions stashed in personal holdings -- from bank accounts to racehorses and rare coins -- but they may no longer be able...
...Hunts' downfall was in the making long before the oil slump. Their troubles go back to 1979, when Bunker and Herbert began hoarding silver. They ultimately amassed some 59 million oz. of the precious metal, which seemed a shrewd move as the price of silver climbed to a high of $50.35 per oz. in January 1980. It was a gamble characteristic of the sons of H.L. Hunt, who once made a living as a cardplayer. But this time the Hunts' luck ran out. When the silver price plummeted to $10.20 per oz. two months later, the Hunts were suddenly left...
Whatever the ultimate outcome, Bunker, Herbert and Lamar Hunt cannot escape the striking symbolism of their company's bankruptcy filing. Here was the clan that embodied all that was bold, brash and rich about the American oil patch. Yet today, like many a lone Texas wildcatter, the Hunt brothers are hurting -- and not even the hugest gusher can provide a cure...
...them dropped 16 laser-guided 2,000-lb. bombs. The hope, said a senior Administration official, was to "turn the barracks into dust." The bombs cratered the compound, blew out windows and caved in a wall, but did not flatten any buildings. Gaddafi was probably safe in his underground bunker when the planes broke off the attack and headed back out to sea. One F-111, apparently hit by antiaircraft fire, never made...