Word: downtowner
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Reeling from bad loans and famished for new capital, Unitedbank was a prime candidate for closure. Still, when an army of FDIC liquidators marched without warning into the bank's headquarters in a downtown skyscraper, the staff of 100 were traumatized. Secretaries wept as the intruders posted notices on the inlaid-glass walls, changed the door locks and dismantled automatic-teller machines. "We kept hearing the rumors, but nobody thought that this time it would be us," sighed Teller Erica Joiner, 30, who watched as armed guards took up positions in the lobby and federal officials affixed blue seals...
...arraignment took just 15 minutes, and then the defendant ducked out of the downtown Manhattan courthouse and sped away in a black luxury limousine. Former Arbitrager Ivan Boesky, looking gaunt and subdued, pleaded guilty before a federal judge to one count of violating federal securities laws. Boesky, 50, who is the leading man in Wall Street's biggest stock-market scandal, remains free until his sentencing in August. The Detroit-born son of a delicatessen owner, who amassed an estimated fortune of $200 million through his dealings, and who still lives on a 200-acre New Castle, N.Y., estate, faces...
...barely 8 on a Saturday morning, one of the two weekend days each month that Cubans are required to show up for work. The downtown Havana bus stop was already crowded. A foreign visitor buying a newspaper at a nearby stand offered a dollar bill to the vendor, a wizened and near blind old man. He eagerly accepted it and carefully counted the change in Cuban centavos. Moments later, a policeman, obviously summoned by the crowd, was glaring sternly at the vendor. Dollar transactions are not allowed in Cuba, an onlooker explained. The old man ruefully handed the greenback...
Police said about 5,000 protesters marched through West Berlin's downtown area, wearing gas masks and carrying mock Geiger counters in a peaceful demonstration...
PALM BAY, Fla.--Two men armed with rifles opened fire at two downtown shopping centers yesterday, and officials said one police officer was killed and at least 14 people wounded...