Word: fallen
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Agha Hasan Abedi, founder of the Bank of Credit & Commerce International, ranks as one of the great criminal minds of his time, a man who built a financial web that is unlikely ever to be completely understood. In fact, B.C.C.I. might have endured longer had Abedi not fallen gravely ill in the late 1980s. The frail 68-year-old could only watch from his estate in Karachi when the branches of his bank were seized in 69 countries last July...
...Games in Moscow, on which he lost $26 million, and staged them again last year in Seattle, losing an additional $44 million. And everywhere he goes -- including a November press conference on next June's Earth Summit held in a Manhattan studio decorated with a Christmas tree made of fallen twigs and soy-based-ink ribbons -- he preaches salvation. "If we don't make the right choice after we have all the information, then we don't deserve to live," he told members of People for the American Way, a liberal organization that awarded him its Spirit of Liberty prize...
...said, the company would embark on a three-year program that would close 25 North American plants and reduce its current work force by 74,000, or about 19%. GM would abandon for the foreseeable future its hopes to regain its lost share of the U.S. market, which has fallen in the past decade from 45% to just over 35%. According to the plan, which did not specify which plants would be closed, GM would emerge by 1995 only half as large as it was a decade earlier and, as Stempel said, "a much different General Motors...
...enable his beloved to escape prison and flee to Philadelphia. The scheme depends on selling her diamond necklace, which changes hands roughly as often as the Rhine gold. In the end Marie decides to accept her grisly historical fate, though she does confess that she has fallen in love with Beaumarchais...
...precisely this disparity between economy and psyche, between how bad things really are and how bad we think they are, that begs explaining. Obviously, we are in a recession, but by any historical standard, a mild one. U.S. GNP has fallen 0.76% over the past year. In 1930 it dropped 9.4%; in 1932, 13.4%. During the most recent recession, 1981-82, the fall was 2.3%, three times the current contraction...