Word: crashing
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Dates: during 1990-1999
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After the oil-price crash, Bush had begun looking for a bigger fish to swallow his little one. His "bail-out strategy," as he calls it now, was to have Spectrum bought out by a publicly traded company so his investors would have a shot at getting their money back. Texas-based Harken Oil & Gas (now known as Harken Energy Corp.) had been buying up troubled independents on the cheap, and Spectrum fit the profile. In one six-month period before the acquisition, Spectrum lost $402,000. It was $3 million in debt, with no hope of attracting a dollar...
...idea is to crash Prospector into what NASA scientists think might be a huge ice field and hope the impact sends up an icy spray big enough to be spotted--and measured--by the Hubble and ground-based telescopes. Controllers need to fly it into the right crater at just the right angle, and smack bang into the middle of the ice field. Says University of Texas aerospace engineer David Goldstein, who proposed the suicide splashdown: "It's going to be a close call...
...square mile than the Windsors. The saga of Caroline and her younger sister Stephanie is low rent compared with the Brits', but their celebrity and notoriety help attract tourists--as did their father Rainier III's 1956 marriage to the actress Grace Kelly, who died in a 1982 crash. If only brother Albert could find a bride like dear old Mom--and sire an heir. Otherwise, France has the right to gobble up Monaco...
...touched by the magic of America. He went to the elitist Boston Latin School; on to Harvard; and then in the Roaring Twenties, with little regard for ethics or even the law, plunged into the worlds of banking and moviemaking. He cashed in before the market crash of 1929. When Franklin Roosevelt called Joe to Washington to clean up the Securities and Exchange Commission, somebody asked F.D.R. why he had tapped such a crook. "Takes one to catch one," replied Roosevelt. Kennedy did a superb...
When he died in 1984, she was barred from the funeral by the last Mrs. Burton. Elizabeth nonetheless received the most condolences. Today she says Richard was "one of the two great loves of my life." The other was Mike Todd, who died in a plane crash. But most of her friends know that Burton was the man she fought hardest to keep--and the man she would probably have tried to win back again had he lived...