Word: dealing
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Dates: during 1980-1989
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...Institute is divided into five branches which deal with policy and education, clinical care, disease epidemiology, the monitoring the internal health of victims and the study of new biological approaches to AIDS...
...reluctance to be involved stems from a divisive controversy in 1980 when Harvard announced plans to invest in Professor Mark Ptashne's start-up biotechnology company. After furor erupted in the faculty and in the national press, President Bok switched course and decided to pull out of the deal...
...capital to take over the financially comatose American Savings and Loan Association (assets: $30.8 billion) of Stockton, Calif. If he can turn American Savings around, Bass, like many other new owners who have paid fire- sale prices for their S and Ls, stands to earn an enormous profit. The deal seems virtually guaranteed to succeed: as part of the rescue, the Federal Home Loan Bank Board pledged a record $2 billion to help prop up American Savings...
...cost an estimated $4 billion to $5 billion, twice the price tag for last week's rescue. Thus the Bank Board must find buyers for the distressed S and Ls and, in the worst cases, offer huge loan guarantees to make the transactions virtually risk free. In Gibson's deal the Bank Board agreed to provide $1.3 billion in guarantees and other assistance that will allow the investors a decade to return their newly merged S and Ls to financial health...
...Francisco-based subsidiary of Ford Motor. And Democratic Senator Donald Riegle of Michigan is worried that Bass might use money from the federally supported S and L to unfairly augment his corporate-raiding power. The Bank Board's chairman, M. Danny Wall, defends his bailout, calling it the best deal the Government could get. Furthermore, he notes, the federal agency holds a 30% share in the California S and L, and will profit handsomely if it recovers...