Word: dollarization
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Dates: during 1980-1989
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...distasteful to think that this money is nothing more than a sort of casual pacifier tossed to the Ferrises by HCA; Andrea's erased future cannot be quantified into dollars and cents. Although the settlement probably does not represent anything so consciously insensitive, people in this country are too quick to sue. Yelling for large sums of money has become the accepted way of resolving disagreements and solving problems--burying them in a mountain of dollar bills...
...feel a strong moral obligation to contribute to Harvard directly Like many others in our class. I have received financial and during my four years here I want to help someone else next fall, just us I was helped four years ago. Again, it doesn't matter that the dollar figure will be comparatively small. I want to help some freshman next year, not five or ten or twenty years down the line (or maybe never, if the money is donated to charity). Funds in escrow won't buy books in September, and as a person who benefited from others...
...most bizarre issue involves a federal court decision in Alabama that China is liable for $41 million in payments on railway bonds issued by the imperial government in 1911. Over the years American speculators bought the bonds for pennies on the dollar and now are planning to ask that U.S. courts order the seizure of Chinese assets. U.S. officials have tried to explain to Peking that the principle of separation of powers prevents the Administration from intervening and killing the claim. The Chinese, incredulous at the notion that Washington cannot simply squelch the judgment, have refused U.S. entreaties to contest...
MARRIAGE REVEALED. Herschel Walker, 21, University of Georgia Bulldog turned multimillion-dollar New Jersey General; and Cynthia DeAngelis, 21, Georgia business major; both for the first time; on March 31, in Bloomingdale, NJ. Three days after the wedding Walker rushed for 177 yds. and three touchdowns (vs. 261 yds. in four previous pro games), leading the way to a 35-21 win, the Generals' first, over the Arizona Wranglers...
...Denver's office glut reflects the collapse of the synfuels industry, which was to have produced high-cost fuels from shale, tar sands and other sources. Dozens of projects have been shelved in the face of falling energy prices. One of the largest was Exxon's multibillion-dollar Colony Shale Oil venture near Parachute, Colo., which was closed a year ago at a cost of 2,100 jobs. Recalls Allen Koeneke, president of the First National Bank in Rifle, Colo. (pop. 3,215), some 17 miles away: "When the news hit, we would have...