Word: dollarization
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Dates: during 1980-1989
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...will ward off hostile attacks whose only purpose is a quick profit. Raiders like T. Boone Pickens contend that the law will merely make mediocre corporate managers more comfortable. Even so, not all corporations are pleased: Black & Decker and Canada's Campeau Corp., two companies currently making multibillion-dollar takeover offers, have already begun to challenge the Delaware law in court...
...welcome thrill for visitors carrying U.S currency: the greenback goes 27% further in Calgary. Despite the battering the dollar has taken virtually everywhere else, Canadians still refer to it as "real money." A few other measurements differ as well. Nostalgia buffs will be able to buy gasoline once more at Esso stations, but it is sold by the liter, not by the gallon. And then there are the speed limits, which are delineated in kilometers per hour. Calgarians, like most Canadians, are unusually law abiding by American standards. When it comes to speeders, the Mounties almost always get their...
...equivalent of $1.30 a day for comparable coverage, rental-car companies are overcharging U.S. consumers up to $2 billion annually on C.D.W.s alone, according to David Cohen, a Massachusetts state legislator. Rental-agency executives claim otherwise. "Waivers do not make any profit for us," says Henry Caruso, president of Dollar Rent...
...dominate at will is to be a Master of the Universe, according to Wolfe the pharse-maker. Masters of the Universe are the ultimate egotists, absorbed in the pursuit of a power that supercedes dollar values. In a way that differentiates him from his old-line WASP father, McCoy is a patrician with an all-consuming greed. Not merely to be rich, but to be the richest. The most. For as McCoy knows, it's not the money, but the control that he seeks on the trading floor, in his 20-room apartment, in the pied-a-terre...
...must have an idea approved first by Spruance, who consults only with the student president. The important role of Spruance, who is in her mid-40's, is the most ready example of the control placed on the students at HSA--an organization that bills itself as "a million-dollar corporation run by 20-year-olds...