Word: creditably
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...AIDS," says Michael Wilson, president of Houston's KS-AIDS Foundation. Instead, some apparently release their sexual energies through masturbation, pornography, and sex by phone. The Advocate classifieds list several numbers that offer a seductive voice on the other end of the wire, payment to be made by credit card. "Horny? Call Your Adonis," says one ad. Sales of gay porn have risen, and video cassette recorders have never been so popular. "The party's over," said one New York gay as he was about to attend a memorial service for yet another casualty. "You just stop having...
Ueberroth himself firmly declared, "I played no role. It was Lee MacPhail [the owners' representative] and Don Fehr [the players'] who put baseball back on the field." Both MacPhail and Fehr, however, give the commissioner credit for keeping them at the bargaining table. And Ueberroth conceded later, "I put myself at risk. We couldn't let a strike happen." The aura of miracle worker that enveloped Ueberroth when he turned a huge profit on the 1984 Summer Olympics may have dazzled some owners. "His presence hung over the negotiations like the ghost of Banquo," declared Baltimore Orioles Boss Edward Bennett...
...visiting dignitaries did step out from time to time. Nicaraguan President Daniel Ortega Saavedra, shod in Adidas, alighted from his silver sedan to jog in Central Park. He also stopped at Cohen's Fashion Optical to buy, using a credit card, $3,000 worth of eyeglasses for himself and his family. Zaïrian President Mobutu Sese Seko rented two Amtrak club cars loaded with caviar and champagne to take his entourage of 50 people to Washington and back (cost: $9,800). Outside the U.N., West German Chancellor Helmut Kohl had to be snatched from the path of an onrushing...
...meetings with South African finance officials and representatives of 30 multinational banks to discuss repayment of South Africa's $14 billion in short-term foreign debt. The government froze payments on the debt seven weeks ago after many banks, fearful that racial violence would destroy the economy, cut off credit. Sources close to the meetings said their object was to find a way to restore South Africa's credit lines so it can renew normal international commerce and begin debt repayment. South African officials, the sources said, are well aware that the debt problem cannot be resolved without movement toward...
...loan money. Banks are leery of lending to foreign countries, oil drillers and other risky debtors, but they are happy to provide up to 70% of the cost of a buyout because of the large fees and lucrative interest rates that such business brings. The rest of the credit comes from selling so-called junk bonds--IOUs with relatively poor quality ratings--and other securities that offer high yields. Like the banks, investors count on getting their money back from earnings of the acquired firm or from the sale of its assets. "Lenders look for a business that is very...