Word: defunction
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...House advising networks, expansion of the freshman orientation program for minority students and the development of pre-law and pre-business advising programs modeled after the current system of pre-medical advising. In addition, she plans to explore the possibility of reviving previously successful publications, like the now-defunct "Perspectives on Concentrations...
Many among the 20,000 people who heard Makarios speak last week were relatives of the 6,500 Greek Cypriots killed or missing during the coup and the subsequent Turkish invasion. They came expecting to hear Makarios denounce the now defunct Greek military junta and its allies in the Cypriot EOKA-B terrorist underground, whose reckless attempt to seize power had led to the island's division. They were not disappointed. "This is an ill-omened day and a mournful anniversary," said Makarios in his nasal twang. "When on the morning of that day the putschists struck...
...partly on the argument that they have not, as promised, ended speculative swings in world currency markets. Instead, currency fluctuations have intensified (see chart) and losses as the result of miscalculations have grown larger. Banks such as Banque de Bruxelles, Lloyds, the Union Bank of Switzerland and the now defunct Franklin National in the U.S. lost heavily last year by guessing wrong about which way-or how far -rates would float. So did some corporations that have tried to hedge against fluctuations by contracting to buy and sell currencies at a future date: ITT lost $48 million in foreign exchange...
...shortly after that event, he felt the call to go back home to Virginia. While his wife and two children subsisted mainly on donated soybeans, he tried to raise enough capital to buy and equip a defunct TV station in Portsmouth that he hoped to turn into a Christian voice. His first attempt failed, but finally, through gifts and loans, Robertson launched the station, which he christened WYAH, for Yahweh. By 1961 he was on the air with one camera and a 2½-hour program of preaching and country hymns...
Many of the victims are self-admitted patsies, whose usual wariness evaporated in dreams of heady 12%-14% interest. "Sure I was a sucker. I thought I could double our money," concedes Philip Profita, 60, a Fort Myers machinist who bought $21,000 worth of promissory notes from now defunct Homestate Investments Inc. Even though a local banker warned him against it, Floyd Campbell, 69, a retired service engineer, invested $35,000 in what he thought was first mortgages in a Continental Investments Inc. development. "The banker said he couldn't afford to pay interest like that," Campbell recalls...