Word: expanded
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Dates: during 1980-1989
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...along" and had not previously met with him only because of "difficult circumstances." He then proceeded to compare the campaign to reform South Korea's constitution by referendum to go, a popular Oriental board game in which two opponents seek to outflank each other and expand territory with scores of strategically deployed small stones. Said Chun: "Political development will become difficult if we behave like a go player who angrily sweeps the go board clean in the middle of a game because he is doing poorly." The responsible approach to the electoral issue, he continued, would be "reaching a consensus...
...20th century. Bok, a 57 year-old former Law School Dean, has been at the helm of Harvard as it has adjusted to the complicated, modern age of universities. In the last decade and a half, Bok has maintained a firm consensus which has allowed the University to rapidly expand as its endowment soared from $725 million to nearly $4 billion...
Above all, no attempt has been made to expand Murphy's character. Axel Foley is still a man who can instantly weave a seemingly impenetrable disguise out of an accent and a gush of words parodying everyone from a West Indian psychic to a building inspector. That it is good fun to watch him talk his way into and out of trouble, past authority figures both petty and grand, is beyond dispute. That he can assert his brilliance while retaining his character's lovability in these encounters is a little miracle of the performer's art. That he could move...
...savings institutions. At that time the industry was still reeling from the inflationary spiral that sent interest rates soaring and left the thrifts with billions of dollars of low-interest 30-year mortgages on their books. Congress tried to remedy the situation by allowing the thrifts to expand their business far beyond those traditional instruments into stock and bond investment as well as business loans, particularly in commercial real estate. At the same time, thrift deposits continued to receive federal guarantees. The result was that even though numerous thrifts were weak, the industry was encouraged to grow madly rather than...
...reform that allowed the thrifts to expand their business proved a major disaster in the Southwest, where a sizable number of thrifts stampeded into risky real estate loans and other questionable investments. In many cases the institutions also succumbed to old-fashioned peculation. A spectacular case in point was the Vernon Savings & Loan Association of North Dallas, which was shut down in March with a deficit of more than $350 million. Vernon was purchased in 1982 by Don Dixon, 48, a North Dallas real estate developer. In six years Dixon pushed Vernon's assets from $82 million to $1.7 billion...