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...that hold this "coalition" together. The U.S. had to forgive Egyptian and Turkish debts to gain support. On the other hand, anticipating a "no" vote by Yemen on a recent U.N. Security Council resolution, the American ambassador was instructed to tell the Yemeni envoy that it would be "the costliest `no' vote you will ever make...

Author: By Alejandro Reuss, | Title: In Gulf, Leave Well Enough Alone | 1/14/1991 | See Source »

...Last June he sold the Star, a supermarket tabloid that he launched in 1974 at a cost of $12 million, for $400 million in cash and preferred stocks from the parent of the rival National Enquirer. He is retooling other properties, including his costliest, TV Guide, for which he paid nearly $3 billion in 1988. Since then, circulation has dropped 7%, to 15.8 million, and ad pages have dwindled...

Author: /time Magazine | Title: Press: Fortune to The Brave and Canny | 11/19/1990 | See Source »

...bought $250 million of now virtually worthless junk bonds. The state's charges were the latest in a flood of legal actions against the disgraced businessman. Overall, taxpayers will have to pay more than $2 billion to clean up the mess left by Lincoln's collapse, one of the costliest in the nation...

Author: /time Magazine | Title: S&L Hot Seat | 10/1/1990 | See Source »

...price of top stars heads for the stratosphere, blockbuster-hungry studios rev up the costliest summer lineup of sequels and action films yet. -- Even once lowly screenwriters are joining the ranks of millionaires. -- A private eye tracks down the loot from defrauded savings and loans...

Author: /time Magazine | Title: Time Magazine Contents Page: May 21, 1990 | 5/21/1990 | See Source »

...suffered major losses due to plunges in the real estate and junk-bond markets. Some are stuck with more than $1 billion in troubled mortgages, and the industry as a whole owns $60 billion worth of junk bonds. Compounding concerns is the fact that 1989 was one of the costliest years for accidents: tens of billions in claims are being processed after the Exxon oil spill, Hurricane Hugo and the San Francisco earthquake. Unlike savings institutions, insurance companies are not federally regulated or guaranteed. Some in Congress think it's time to intervene...

Author: /time Magazine | Title: Grapevine: Apr. 23, 1990 | 4/23/1990 | See Source »

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