Word: cough
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Dates: during 1980-1989
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Engelstad and the other Sentinel clients could see their tax deductions turn into nightmares if the defendants are convicted and the write-offs are disallowed. Although the Sentinel customers do not face any criminal liability, the Internal Revenue Service could force them to cough up back taxes. The investors, who have already lost some of their principal, could owe the IRS as much as $65 million, or half of the $130 million they thought was protected in a tax shelter...
...reduced tuition, in St. Cyprian's, an institution that rigorously prepared boys for the great public schools. Eric, 8, was caned for bed wetting: the place encouraged him to feel unworthy. "I had no money, I was weak, I was ugly, I was unpopular, I had a chronic cough, I was cowardly, I smelt, I was an unattractive...
...weather-beaten white house behind the plaque has a "For Lease" sign planted out in front. The sign, too, is rusting. On the grass rests the wrapper from a bag of onion rings, and a discarded box of wild-cherry-flavored cough drops...
...settlements. The Wall Street firm Carl Marks & Co. is still fighting a class-action suit against the People's Republic of China to recover losses from Hukuang Railroad bonds issued by the imperial Chinese government in 1911. Last year a U.S. district court in Alabama ordered China to cough up to U.S. bondholders the unpaid principal plus the interest that has been mounting at 5% annually, a total of $41.3 million. Marks also has two suits against the Soviet Union involving $75 million in dollar-denominated bonds issued by the imperial Russian government. The bonds, held by U.S. investors...
...constitute a third of the country's cocaine abusers. (Free-basers cannot be surprised by the findings: they often cough up black phlegm and sometimes blood.) Last year coke problems brought almost 3,000 New Yorkers to emergency rooms, 50% more than in 1981, and in Colorado the number of such panicked hospital visits doubled between 1979 and 1982. The increase may be, in part, a hopeful sign: more users now know that the drug carries genuine medical risks...