Word: compacts
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Dates: during 1980-1989
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...decision upheld the so-called New England Compact, which allows mergers across state lines by banks in the region. With the court's verdict, Bank of Boston (1984 assets: $22.1 billion), New England's No. 1 lender, will now acquire Colonial Bancorp of Waterbury, Conn. (assets $1.5 billion), and RIHT Financial Corp. (assets $2.3 billion) of Providence for about $200 million. Said a disappointed Hans Angermueller, vice chairman of Citicorp (assets $150.1 billion), which led the legal fight against the regional pact: "Banking is the only industry that still enjoys local protection...
...agrees to their terms: a total overseas troop withdrawal, an annual donation of $50 billion for Third World projects and the release of all black and Hispanic prisoners. It sounds like the stuff of spy thrillers. But, warns Theodore Taylor, a former Princeton University physicist who once designed compact nuclear weapons and now is a Washington consultant, the acquisition of plutonium bombs small enough to be smuggled into the U.S. is "a real threat...
...than 1.9 billion miles long and almost a billion miles wide -- impressive by earthly standards but diminutive on a galactic scale and in relation to the tremendous amount of energy it emits. Concludes Astronomer Donald Backer of the University of California, Berkeley: "What we observe is a very bright, compact object that appears to be rather small by stellar dimensions. Yet it's radiating a lot of luminosity. There are many stellar objects in the galaxy that radiate this amount of energy, but this one is peculiar. None of the others are as compact or as steady." In other words...
Twenty years ago, Andretti finished third, Johncock fifth and Al Unser ninth in their first Indy, when a bumper haul of eleven rookies made the field of 33 and five finished in the top ten. "An eternity ago," says Andretti, 45, a compact man with a Roman bearing. "It doesn't seem that long" to Unser, 45, who at first professed to understand Johncock's decision. "No, that's not fair," he amended. "I don't understand it. I haven't done it." This is the usual difficulty in discussing anything about auto racing. No one who hasn't done...
...medical memory card is in part the brainchild of Computer Whiz Douglas Becker, 19, of Baltimore, who approached Blue Cross after reading about laser cards in computer magazines. Like the videodisk and compact audio disk, the laser card, which was developed by Drexler Technology Corp. of Mountain View, Calif., depends on laser optic technology, in which a low-power laser beam is used both to burn digital information onto the card and to "read" that information by scanning the surface. Says Becker: "This is a new application for an older mousetrap...