Word: butchering
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Dates: during 1980-1989
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...money at a private financial institution, rumors inevitably crop up that he will leave Washington. One now circulating among Chase Manhattan executives has Volcker as a strong candidate to become chairman of the bank, which has suffered a string of financial reversals since Willard Butcher succeeded David Rockefeller...
Tennessee Banking Magnate Jake Butcher, 46, used to boast that he rose from rural poverty to wealth and political influence the honest way, by borrowing money. Trouble was, as chief executive of the five banks in his United American Group, Butcher liked to lend money too, and too freely. Among the favored borrowers: Democratic politicians and the bank's directors and their relatives...
Last Monday, State Banking Commissioner William Adams shut down Butcher's flagship, the United American Bank of Knoxville, citing "large and un usual loan losses" at the $760 million institution. It was the fourth largest U.S. commercial bank failure since the 1930s. By the time U.A.B. opened again on Tuesday morning, it had been taken over by the state's largest bank holding company, First Tennessee National Corp. (assets: $4.2 billion...
...loan from the state. Barbie immediately repaid the debt, plus interest, but it did him little good. Instead of releasing him, Bolivian officials put him on a plane bound for Cayenne, the capital of French Guiana. When told he had been handed over to French authorities, the Butcher of Lyon made a gesture, as if slitting his throat...
...will be an exorcism. This has marked our political life for 40 years. While I do not want to deny the past, I do think that my generation is tired. They would like to put it behind them once and for all." It might not prove so easy. The Butcher of Lyon can no longer imprison and torture, but he still has the means to make France suffer...