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Word: debts (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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...April of last year, the city was in such bad condition, with more than $3 billion in long-term debt, that the President signed legislation creating a financial-control board to impose some discipline. Headed by former Federal Reserve Board member Andrew Brimmer, the new board set out to end the city's worst fiscal excesses--noncompetitive bids, deficit budgeting, a bloated work force whose ranks include 40,000, or 1 out of 9 adults in the District--while figuring out how to pay overdue bills and eventually refinance the district's $379 million current deficit. But the board...

Author: /time Magazine | Title: DISTRICT OF CALAMITY | 4/29/1996 | See Source »

...were "the bestest of friends," by all accounts it was she who, after four years of separation, pushed for the divorce. It couldn't have been for money. The $3 million she got was mostly earmarked for the care of the children, leaving her in a nasty debt hole. (She's said to owe at least that.) While this settlement from a son of England's richest family would make American divorce lawyers choke, Andrew isn't that wealthy, earning about $420,000 a year, from which he has to pay his staff. And the public has a lot less...

Author: /time Magazine | Title: People, Apr. 29, 1996 | 4/29/1996 | See Source »

...huge investment in new factories, real estate and equities, both at home and abroad. When the crash came, it was brutal. Between 1992 and 1995, gdp barely grew at an average of 0.6% a year. In the early 1990s, land values fell 50%, creating a burden of bad debt that could reach $1 trillion. From 1990 to 1994, industrial giants like Nissan closed factories as car production fell almost...

Author: /time Magazine | Title: THE FAILED MIRACLE | 4/22/1996 | See Source »

...world today bears a tremendous burden of guilt from which none can shy away. There is a debt which is owed to Jewish civilization the likes of which can never be repaid, for no consolation from the world can restore the smallest measure of dignity to a people whom they aimed to dehumanize...

Author: By Justin C. Danilewitz, | Title: From Ashes to Freedom | 4/16/1996 | See Source »

...envisioned by Crossan in The Historical Jesus (and backed by his formidable scholarship), Jesus was concerned less with his Father's kingdom, as traditionally understood, than with bucking what the ex-priest has called "the standard political normalcies of power and privilege, hierarchy and oppression, debt foreclosure and land appropriation, imperial exploitation and colonial collaboration." This Tom Joad-ish Christ did not so much heal illnesses as cure false consciousness; his body was eaten by dogs at the foot of the Cross. Crossan has summarized his message as "God says, 'Caesar sucks...

Author: /time Magazine | Title: THE GOSPEL TRUTH? | 4/8/1996 | See Source »

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