Word: disarray
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Dates: during 1980-1989
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...during the past four years lost more than $200 million. Last September federal banking regulators forced the resignation of First National's chairman and largest stockholder, Charles A. Vose Sr., 85, who had led the bank since 1945. But the new chairman, J.G. Cairns Jr., found the institution in disarray, its books a mess and its staff slashed from 2,400 to 650. First National's decline proved so irreversible that on July 11 the FDIC foresaw an imminent collapse and put out a call for bids from other financial institutions to acquire the bank...
...years doctors have decried the structural and financial disarray of modern medicine and one of its clear ramifications, the poor's inaccess to proper medical treatment...
While that statement heartened U.S. oil drillers, along came a more dire forecast by Mani Said al-Oteiba, the Oil Minister of the United Arab Emirates. He declared OPEC--the Organization of Petroleum Exporting Countries--to be in disarray and predicted that prices could fall as low as $5 per bbl. His remarks helped send the price of West Texas Intermediate, a benchmark crude, tumbling to $9.75 per bbl. Tuesday on the New York Mercantile Exchange...
...ministers of OPEC, along with delegates from five other producing countries, met late last month in Geneva in an attempt to patch together an agreement for sopping up the glut. The nine-day marathon session degenerated into what one delegate called "a state of unprecedented disarray." Even the meeting quarters seemed a mockery of the group's onetime ability to intimidate the industrial powers. Because most of the Hotel Inter-Continental was already booked, the ministers had to cram into a tiny conference room for their meeting...
...candidate. The move was prompted by the fact that two supporters of Ultrarightist Lyndon LaRouche won the Democratic nominations for Lieutenant Governor and secretary of state. Stevenson's abdication means that Illinois Democrats will probably run this fall with a vacancy at the top of their ticket. The Democrats' disarray can only help the candidacy of incumbent Governor James Thompson, who barely edged out Stevenson in 1982. What promised to be a close race between two longtime adversaries now looks more like a fourth term for Thompson...