Word: contend
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...merge them with healthy thrifts. Bank Board Chairman M. Danny Wall sharply stepped up the tempo of such sales last year, selling or liquidating more than 200 thrifts at an estimated cost to the Government of $39 billion in tax breaks and other incentives extended to the buyers. Critics contend that the regulators were taken for a ride. Fumed Iowa's Leach: "The dealmakers are laughing all the way to the piggy bank." But Wall staunchly defends his deals as the lesser of evils. "I much prefer to be damned for having done something than to be damned for doing...
Steinberg's lawyers plan to appeal the verdict, arguing that Acting State Supreme Court Judge Harold Rothwax improperly instructed the jurors on the meaning of intent. They also contend that he should not have permitted the jurors to view a videotape made shortly after Nussbaum's arrest showing her covered with scars, bruises and ulcerations...
...many experts contend that harsher punishments are not the answer. They want child-welfare workers to have more manageable case loads and better training. "There will be a flurry of public outrage," says Loretta Kowal, executive director of the Massachusetts Society for the Prevention of Cruelty to Children. "But unless it's translated into adequate funding and training of professional staff, it's all going to be a waste of time...
...anxiety surrounding asbestos is based on its deadliness in massive doses, but many researchers contend that low levels of exposure are not necessarily hazardous. Since the mineral occurs naturally, trace amounts can often be found in fresh air and water. Yet the EPA has said that the only guaranteed safe amount of airborne asbestos is zero...
...part because Congress failed last year to pass legislation that would reform the 1933 Glass-Steagall Act, which erected walls between the banking and securities businesses. The landmark statute is widely viewed as outdated, but many legislators, including Texas Democrat Henry Gonzalez, chairman of the House Banking Committee, contend that the Fed has wrongly usurped congressional powers to oversee the banking industry...