Word: buys
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Dates: during 1980-1989
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...just a stopgap. Unless a tree is used for lumber, it eventually dies and rots or is burned, releasing whatever CO2 it has absorbed. But since the rapid pace of change may be the greatest danger posed by global warming, stopgaps could be important. If nothing else, reforestation will buy time to put other preventive measures into place...
...Greenberg left teaching for the advertising business, and with a higher salary he could afford to buy gloves regularly; if they were on sale, he bought in bulk. For the next ten years the Bowery became his route every November and December. In 1976 he was in the subway, taking two bags containing $220 worth of newly purchased gloves back to his office, when someone grabbed the gloves and ran. He reported the theft to the police, the New York Times heard of the incident, and for the first time the world read about the "glove...
...when a well-dressed man asked him if he was "the glove guy." Says Greenberg: "He said that I had given him a pair of gloves on the Bowery five years previously and that now he was married with two children, and he wanted to give me $20 to buy more gloves. I told him the same as I tell others who want to write me a check: no thank you. You spend the money on gloves, and you give them...
...Milken's growing appetite for power and control. The turning point came in November 1986 when Ivan Boesky, a notorious Wall Street speculator, pleaded guilty to a single count of securities fraud and agreed to pay $100 million to settle SEC charges that he had used insider information to buy and sell stock. Boesky, who is serving a three-year term in a minimum-security prison in Lompoc, Calif., agreed to identify others who had joined his schemes. The trail led to Drexel and its wunderkind, who allegedly used a complex network of contacts to manipulate securities prices...
MOST BODACIOUS BIDDER RJR Nabisco chief Ross Johnson and some colleagues offered to buy out the company for $17.6 billion in a deal that could have netted Johnson $100 million. The bidding eventually hit $25 billion, but RJR directors rebuked Johnson and awarded the company to the Manhattan buyout firm Kohlberg Kravis Roberts. Last week the House Energy and Commerce Committee announced a probe of the deal...