Word: disbandment
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...Allegis travel conglomerate brought returns of more than 40% to the small pool of investors who put a minimum of $5 million apiece into Coniston's funds. But as raiding went out of fashion, the firm's success began to wane. Last week Coniston said it would disband the $700 million pool that funded its takeover bids and proxy fights. But partners Keith Gollust, Paul Tierney and Augustus Oliver are not retiring. They plan to put their bankroll into real estate, venture capital and possibly an occasional takeover deal for old times' sake...
...beneath a tree in the dusty backwater village of San Marcos in northern Nicaragua last week, Ciguena, 25, explained that he supports Violeta Chamorro, whose National Opposition Union (U.N.O.) defeated the Sandinistas at the polls two weeks ago. But Chamorro has called on the contras to disband, and Ciguena doubts that she can function as President without him and his fellow fighters. "The Sandinistas," Ciguena warns, "are very treacherous. If we turn in our arms now, they'll finish us off and go after Dona Violeta. It's the Sandinistas that must disarm...
...comes from the Sandinista People's Army and the internal police. Hard-liners in the F.S.L.N. are balking at turning over control of the security forces to Chamorro, and many fear vengeance from the contras who still roam the countryside. The Sandinistas want the rebels to disband first. The contras in turn have expressed reluctance to put down their weapons until after Chamorro takes power on April...
...that Jews were responsible for "the majority of wickedness going on across the globe." Ridenhour promptly condemned the statement and said that Griffin, known as Professor Griff, would leave the group. A few days later executives at Public Enemy's record label, Def Jam, announced that the group would disband. In the end, however, the group stayed together and Griffin stayed on, albeit in a demoted position. Griffin, a devoted follower of Black Muslim leader Louis Farrakhan, now says he went too far in blaming all Jews...
...rate of nine to the dollar to 38 for tourists and 17 for commercial transactions, thus taking aim at a huge black market in currency and possibly preparing the way for full convertibility of the crown. Prague also took the lead in announcing its intention to reform or disband Comecon, the communist trading bloc whose rules have skewed supply and demand, and therefore the production, of a vast array of goods...