Word: defaulting
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Dates: during 1970-1979
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...wasn't as much in Princeton victory as it was a Harvard default. The Crimson combined inexplicable coaching strategy, non-existent defense, and an offense which at times did not seem to know what basket it was shooting in to produce its third successive loss...
Other winners were, Milt Yasunga at 126 (by default), Tom Bixby at 150 (9-2 decision) and Jim Strathmeyer at 177 (6-0 decision...
...years. A further difficulty is that many of the big borrowers are chancy credit risks, including the governments of Italy, Denmark and the developing countries. More and more bankers fear that their institutions will go under if the OPEC depositors withdraw their money or the borrowers default on their loans. Since much of the hot oil money is deposited
...fact, Kidd and other Pentagon planners are finding that some of the contracts they do sign are all but worthless. Because inflation has wiped out their profits on fixed-price deals, some contractors are backing out of their commitments, even though they risk being sued for default. Says Admiral Kidd: "Subcontractors tell us that it is simply cheaper for them to renege on the or der with the prime contractor. Litigation for default will cost them $3 million to $5 million, but at least they will keep the company" - which might go bust if it sold at the originally agreed...
...MAJOR film from Turkey is cause for celebration, simply because there haven't been any in the last ten years. It's sad in a way that Dry Summer (Susuz Yaz), must be the best Turkish film by default, but it has also proved its worth against some tough foreign competition--including The Pawnbroker--winning the Golden Bear award for best film at the Berlin International Film Festival in 1964. Directed by Ismail Metin and starring and produced by Ulvi Dogan, Dry Summer is a cinema verite account of village life in Western Turkey...