Word: diverts
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Dates: during 1980-1989
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...leveraged buyouts can be risky if a company does not earn enough to pay the interest on the huge loans that have been taken out. Debt payments can also divert funds away from investment in new equipment and research and development. A group of managers at Harley-Davidson, the motorcycle manufacturer, bought the company from AMF in a leveraged buyout in 1981, but racked up big losses the following year and had to ask for protection from Japanese competitors...
...relationship documented at a trial, many FBI men would like to see the case quietly dropped. Officials of the Justice Department's organized crime strike force, which is already presenting to the grand jury information turned up by the Labor Department, argue that Presser turned informer precisely to divert possible prosecution...
...amount of money available will also determine how the program operates, says Bok. He says the University is reluctant to divert much existing money to the new program, and he and others involved will have to raise money to support it. Fund raising will most directly affect enrollment...
...flare-up coincides with an annual Vietnamese offensive against Khmer Rouge guerrillas opposed to Viet Nam's occupation of Kampuchea. Beginning in March, Vietnamese troops attacked rebel positions along the border between Thailand and Kampuchea. The Chinese, who support the guerrillas, use their own attacks to divert Vietnamese attention-and firepower-from Kampuchea...
...image of the fair that lingers longest in the mind is half a mile of intricate shapes called the Wonderwall, which connects the two main gates. Though it was designed for a practical purpose, to divert the eye from overhead power lines, fantasy has overtaken function. The fair's master architects, Perez Associates, claim that the Wonderwall was inspired by Piranesi's etching of the Circus Maximus in Rome, but the multicolored Styrofoam and Fiberglas-mesh structure looks more as if it had been dreamed up in a Bourbon Street bar by the design team of Dali...