Word: bustingly
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Dates: during 1990-1999
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...Customs Service's drug-sniffing dogs. The 81-card set, which will be distributed by Customs Service officials nationwide, shows such canine stars as Nacho, Peaches and Solo in action poses. The back of each card lists the dog's breed, age, weight, tattoo number and biggest drug bust ("Nacho led police officers to a building that was found to contain 2,014 lbs. of marijuana...
...Lyndon Johnson left behind an assortment of thriving Texas broadcast and real estate properties that in 1985 was valued at more than $100 million. But now the LBJ Co., owned almost entirely by the Johnson family, is being dismantled for far less, a victim of the state's economic bust. KLBJ AM-FM, the highly profitable Austin radio . station once valued at $27 million, is on the block for $13.5 million. Thirty cable-TV systems may bring $50 million...
...office glut is in some ways just another broken leg of the savings and loan crisis. Many thrifts went bust by tossing money into high-rises that never should have been built in the first place. As a result, few analysts expect a rebound soon. In the suburbs of Chicago, a virtual shutdown of new construction since 1989 has failed to budge the vacancy rate, now between 15% and 20%. "When will lenders lend again?" wonders Hugh Kelly, an economist and real estate consultant. "For some major markets, vacancy rates will have to fall well below 10% before the money...
...Treasury remained silent on the most pressing issue confronting banks: how to replenish the nearly broke Federal Deposit Insurance Corporation fund, which insures accounts. The beleaguered fund sank to a record low $8.5 billion after 169 banks failed last year. Without fresh cash, it could go bust by the end of 1991 if the current recession lasts all year. The Treasury left the details of rescuing the fund up to the FDIC and the banking industry. FDIC Chairman William Seidman later said that to rescue the fund, the agency might raise banks' insurance premiums 20% to 30% as of June...
...fairness could arise often this year if a prolonged Middle East war creates an oil-price shock and plunges the U.S. into a deeper recession. In a gloomy assessment of the banking outlook, FDIC chairman L. William Seidman warned Congress last week that more big banks could go bust in 1991 unless the current recession is "short and shallow." A run of large failures would swiftly bankrupt the FDIC's deposit-insurance fund, which stood at $9 billion last month. Even without a sharp downturn, Seidman said, the fund will fall to a record low of $4 billion...