Word: curtailer
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...takes a Hinckley to change the insanity laws and a De Lorean to curtail sting operations, then the case of Geraldine Ferraro may turn out to be a first step back from the piety-in-government excursion Americans have been on since Watergate. One day Ms. Ferraro's vice-presidential candidacy, perhaps her political career, hangs in the balance; the next day, after a tough and gutsy public performance-a Checkers for the '80s-she is back in gear, leaving us all to wonder if we hadn't lost our heads for just a moment...
...Washington legislators and regulators have done little besides watch the buyout binge. But pressures are building to curtail the deals. Colorado Democrat Timothy Wirth, chairman of the House Subcommittee on Telecommunications, Consumer Protection and Finance, has announced that he will study the effects of buyouts on the availability of credit as -part of an investigation of takeover tactics. Federal Reserve Board Chairman Paul Volcker, in a letter made public by Wirth, warned that the buyouts may expose companies to financial difficulties. The Federal Reserve, however, has so far declined to restrict lending for buyouts. Volcker says that measures like credit...
...head-to-head computer competition with IBM. As Sperry's boss, he more than tripled revenues to $5.6 billion, pushed for high-tech sales to the Soviet Union, expanded ex ports so that 44% of Sperry's business was overseas, then saw foreign currency and interest fluctuations curtail company earnings before his retirement...
...stay out of the northern third of the gulf, and others are expected to follow suit. In London, insurance underwriters have tripled the cost of coverage for tankers and their cargo in the area. Assessing the situation, a Saudi diplomat observed that all the Iranians need to do to curtail oil supplies is keep up their occasional tanker attacks "and let Lloyd's of London do the rest...
...could touch banking, public transport, textiles, insurance companies and the postal service. Audi, the luxury-car unit of Volkswagen, could be forced to shut down in two cities this week. BMW, the Bavaria-based car and motorcycle maker, has already closed two plants. Porsche and Mercedes-Benz might also curtail production...