Word: cashes
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Dates: during 1980-1989
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...shelling, Wall Streeters scrambled from underneath their desks last week and tried to get their morale and finances in shape. Stunned by the Ivan Boesky insider-trading disclosures of Nov. 14 and expecting more to come, investors pulled their money out of takeover-target stocks and instead poured their cash into stabler, less controversial shares. Nevertheless, takeover artists got back some of their nerve and launched a flurry of new merger bids. All the while, angry accusations flew back and forth as the players in the widening controversy -- investors, raiders, regulators and legislators -- debated who was to blame...
Adolfo Calero, head of the 10,000-member Nicaraguan Democratic Force, the largest contra group, insists that his forces have received little if any of the funds and strongly denies any knowledge of Swiss bank accounts. A senior U.S. Administration official agrees. "There were no such large infusions of cash," he says. "The contras were constantly short of things. No question they were hurting...
That had been a strong possibility even before last week's bombshells about the contra cash diversion. The sale of arms to Iran had hit a raw nerve in a public still nursing bitter memories of the violent anti-Americanism displayed during the hostage crisis of 1979-81, and the Administration's early explanations of the rationale and methodology of the shipments convinced hardly anyone. Briefings of the Senate and House intelligence committees by Poindexter, CIA Director William Casey and other officials on Friday, Nov. 21, failed to dispel congressional feelings that the full story had still not come...
...gavel thumped down at the auction up at John Connally's 7,300- acre spread near Floresville, Texas, last Saturday, 126 of his prized Thoroughbreds and quarter horses had been sold off for nearly $400,000. Two of the latter were the progeny of a proud champion, Dash for Cash. The . stallion's name was apt, for the auction came at a time when Connally himself is making a run for money. Numerous creditors are pursuing the former Texas Governor and U.S. Treasury Secretary for millions in unpaid loans on a host of flailing ventures. Connally, a man as outsize...
...then went on to become a power in the Republican Party. "As bad as all this seems to you," Connally told aides recently, "it's not as bad as being shot through the chest." He and Barnes have been jetting around the world to drum up cash, because Texas, says Barnes, "is capital-poor...