Word: chunk
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...hefty tax breaks that the Government allows for ESOPs, investors who launch a takeover can reduce their borrowing costs if they set aside part of the stock for employees. At the same time, corporations seeking to repel raiders can use an ESOP as a way to put a chunk of the company into relatively friendly hands. "Every corporate treasurer is looking at it," says Paul Mazzilli, a principal at the Morgan Stanley investment firm. In recent months, three major corporations -- J.C. Penney, Ralston Purina and Texaco -- spent a total of $1.75 billion on ESOPs to shore up their takeover defenses...
...invented it, now seems to feel that it doesn't much matter. Both he and his characters discount Welsh nationalism as unserious playacting. One of his protagonists, in exasperation, chucks the sword into a pond, where it sinks without a deathbed speech. He explains, "I had to grasp a chunk of the romantic past and find it rusty." Which does not entirely answer a last-page question to the author: "What was that all about...
Whatever the validity of this or that theory, the earth will not remain as it is now. From its beginnings as a chunk of molten rock and gas some 4.5 billion years ago, the planet has seen continents form, move together and drift apart like jigsaw-puzzle pieces. Successive ice ages have sent glaciers creeping down from the polar caps. Mountain ranges have jutted up from ocean beds, and landmasses have disappeared beneath the waves...
Sputtering burning fuel, a large chunk of the fuselage struck a hill outside Lockerbie, then careened into a gas station and two rows of houses, gouging a 20-ft.-wide crater in a roadway. In the center of town, an aircraft engine lay embedded in the street. Sixty bodies were later recovered from a nearby golf course and taken to the town hall, which had been turned into a makeshift mortuary. One body was found on a back porch, another entangled in the branches of a tree. Three miles away, the plane's blue-and-white cockpit, containing the bodies...
These TV sagas allow the audience to relive a sensational news story in a compact two- or four-hour chunk, with climaxes italicized and ambiguities excised. More subtly, they help viewers cope with tragic events by imparting the foreknowledge of God. Seemingly random occurrences of day-to-day life take on major significance with TV-movie hindsight. Early in Karen Carpenter, the teen-age Richard Carpenter grabs a pizza from his little sister. "You don't want to get fat, do you?" he taunts. Ah, if only they knew...