Word: dominos
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Dates: during 1980-1989
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...Congress continue to question the regulators' handling of the Continental bailout. Last week Rhode Island Democrat Fernand St. Germain, chairman of the House Banking Committee, charged that federal regulators had drummed up support for the bailout by exaggerating the number of banks that would have fallen in a domino effect if Continental had been allowed to fail. As a result of congressional pressure to avoid such rescues, bankers believe First Chicago, because of its fundamental soundness, presented an opportunity for the Comptroller to clamp down without causing a widespread scare...
...window sashes, along with twelve pieces of concrete block, 3½ chairs and the plans, were offered in a benefit auction for Channel 13, New York City's public television station. The buyer: Tom Monaghan, 47, ebullient owner of the Detroit Tigers, head of the 1,450-store Domino's Pizza empire and, by his own account, the world's leading Frank Lloyd Wright fanatic since he was twelve years old. He beat out prospective purchasers from across the U.S. and the Philippines with...
Monaghan intends to rebuild the house as part of a Frank Lloyd Wright museum at Domino's Pizza new world headquarters on 300 semirural acres near Ann Arbor, Mich. He will be assisted by Architect-Builder David Henken, 68, a former Wright student who was in charge of putting up the house originally. Henken saved the fragments when earlier efforts to sell the house failed. He estimates that the reconstruction will cost...
...inspiration. One of Monaghan's other planned structures at Ann Arbor sounds less salutary. He intends to put up Wright's "Golden Beacon," a 56-story skyscraper that was designed in 1956 for the Chicago lakefront but never built. Its design is to be adapted to accommodate Domino's office needs, a move that may result not only in an anachronism but a stylistic pastiche. "I don't want to turn the place into a Disneyland," Monaghan insists. "I just want to pay tribute to the greatest master of the arts that ever lived...
...five years. American children still aren't taught in Russian. Jebsen says El Salvador is of strategic importance, but this simply isn't the case. El Salvador itself is of no military importance; it is only important because of its proximity to the Panama Canal. Thus Jebsen argues the domino theory. But El Salvador only borders Guatemala and Honduras, two countries that already have unstable dictatorships...