Word: busted
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Dates: during 1970-1979
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...YORKERS are proud of having the biggest and most extreme examples of all facets of urban life, and we are taking the coming bankruptcy with a kind of perverse pride. If you're going to go bust, after all, you might as well do it on a princely scale--and $12 billion worth of debt is something that only one institution in American can afford to sneeze...
Gorst flung the ultimate Trotskyite insult at the Redgraves: "They are totally Stalinist." Vanessa, for her part, struggled to cast the Red House raid as a cause celebre. The police bust, she eagerly insisted during TV interviews, was "the biggest political attack on any political party since the offices of the Daily Worker were raided...
...family business was a stumbling block. They said it wasn't. I've talked about giving them more of an interest in running the company. The response was disappointing. They mistrust ownership shares because of what happened to companies like Rolls-Royce when they went bust. Workers lost not only their jobs, but part of their savings as well...
...guided tour of his house. A Doberman pinscher snarled behind a door ("He could take your arm off," advised Tony Pro), but the rest of the house was peaceful. There was a big swimming pool out in back, a pool table in one room, and a handcarved teak bust that the host volunteered was worth $250,000. In the living room hung an original oil portrait of Provenzano's mother, which he said he had commissioned "to honor her." Noting that the photographer was sweating as he left, Tony Pro remarked with a laugh: "Hey, you think you weren...
...Busting Budgets. The unions have won spectacular wage gains in recent years. Among the higher top-base annual salaries, which are reached after varying years of service and without promotion: $18,000 for firemen and policemen in Chicago, $16,681 for teachers in Detroit with only a bachelor's degree, and $15,731 for sanitation men in New York. Naturally, people who earn promotions get more than that. Unions have also won pensions that range from generous to excessive and threaten to bust many a budget in the future. In New York, for example, sanitation men hired since...