Word: central
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Dates: during 1980-1989
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Revenue from Third World loans in the past has made up an important share of Citicorp's profits. In 1986 the bank earned $257 million, or about 24% of its total income, on loans to countries in the Caribbean and in Central and South America. The growing threat to the bank's welfare was therefore extremely dire; at the same time, the potential for default on these debts was depressing Citicorp's reputation on Wall Street...
FOOTNOTE: *Besides the 37 on the Stark and the 241 in Beirut, these include two airmen killed during the Libyan raid, one downed over Syria, 19 killed in hostile action in Beirut, seven in Central America, 18 during the "rescue" mission in Grenada and six by terrorist acts directed against military personnel...
...Chronology is the maiden effort of the National Security Archive, a nonprofit institute opened in October by former Washington Post Reporter Scott Armstrong. Using the Freedom of Information Act to obtain Government documents, the group acts as a clearinghouse for journalists and scholars researching issues from nuclear strategy to Central America...
...adamant about not involving American forces. Indeed, he insisted on hiding any evidence of American support for the exile army. For that reason the White House decided to cancel crucial air strikes and change the site of the landing from the town of Trinidad, at the foot of the central mountains, to the quieter venue of the Bay of Pigs. It was these decisions, Pfeiffer argues, rather than a faulty process of consultations, that doomed the operation from the start...
...first glance, the image that flashed on the 19-inch computer screen looked like an ordinary road map. Then John Richardson, acting manager of the Federal Aviation Administration's Central Flow Control Facility in Washington, began tapping at his keyboard. With one stroke he zoomed in to an aerial view of the New York metropolitan area, divided not along town or county lines but along sectors of airspace. With another keystroke he eliminated hundreds of tiny black dots showing the location of low-flying aircraft and private jets. What remained on the screen were larger, winged symbols representing commercial airliners...