Word: consisted
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This new company is, by any measure, very big news. If the shareholders of the two combining companies and the appropriate regulatory agencies approve, Time Warner Inc. will consist of an extraordinary range of enterprises -- moviemaking, records, hardcover and paperback books, television and cable programming, cable systems and of course magazine publishing. You are undoubtedly already familiar with many of these businesses and their products...
Bass has thus managed to buy a huge, healthy S & L, complete with a network of 186 branches, for a relatively tiny amount of capital. More than half of his thrift's assets consist of another sure thing: a $7.8 billion loan to the "bad" S & L that is fully guaranteed by FSLIC to pay a handsome 2% more than the going cost of funds. That will pump some $160 million in annual interest into the Bass thrift, no matter how much trouble FSLIC has in getting rid of the bad assets...
...from here to there. "And that is why Baker is so well suited to the era," % says Pete Peterson, an investment banker who served as Richard Nixon's Secretary of Commerce. "Jim plays the cards he's been dealt as well as anyone. In the '90s his hand will consist of very different cards from those of his predecessors...
...School this spring will hold a special series of lectures and public events in honor of what would have been the 72nd birthday of John F. Kennedy '40. The celebration, to be held at the end of May, will focus on Kennedy's call to public service, and will consist of symposia which will examine several of the former president's programs, such as the peace corps and NASA...
...more immediate concern is that the chlorine released when CFC molecules break up destroys ozone molecules. The ozone layer, located in the stratosphere, between 10 and 30 miles up, is vital to the well being of plants and animals. Ozone molecules, which consist of three oxygen atoms, absorb most of the ultraviolet radiation that comes from the sun. And ultraviolet is extremely dangerous to life on earth...