Word: farness
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...grass into cattails. These intruders, which thrive in high-nutrient water, suck the oxygen from the marsh and suffocate aquatic life at the bottom of the Everglades food chain. On shallow ponds and canals, nutrient-fed algae grow so thick that they block the sun from underwater plants. So far, most of the damage is confined to Loxahatchee National Wildlife Preserve -- an Everglades habitat abutting the farms -- and state conservation areas just north of the national park. "It's like a cancer," says park superintendent Finley, "and the cancer is moving south...
...grown explosively since the early 1980s, when Drexel Burnham Lambert's Michael Milken pioneered the use of high- yield bonds as a means to finance hostile takeovers. In the wake of his indictment last March for insider trading and racketeering, Milken has resigned his Drexel post and stayed far removed from the market. But speaking at a Manhattan conference on high-yield debt last week, Milken suggested that it was time to buy, not sell, junk bonds. Said he: "There is tremendous opportunity out there today...
Milken's creation had fallen on hard times even before the Campeau mess. So far this year, borrowers have defaulted on a record $3.2 billion worth of junk bonds, already $1 billion more than during all 1988. Among the notable casualties was Merv Griffin's Resorts International, which conceded last month that it could not meet its annual interest and principal payments of $133 million...
They are also on average far younger than the East Germans who beat a path to West Germany's door in the past. According to polls conducted for the Ministry for Intra-German Relations, more than half of the refugees are under 30, and only 17% are over 40. Surveys showed that fully 86% have vocational or professional training, and an equal number held down professional jobs in East Germany. All of those polled owned television sets back home, almost two- thirds owned private cars, and 15% had weekend homes...
Clearly, most of the new flood of refugees are not compelled westward by economic distress. True, the consumer offerings in West Germany far outstrip what is available back home, but East Germany enjoys the best living standard of any East European country. Most of the refugees, however, define a better life in terms that cannot be measured in deutsche marks. Of those polled, almost three-quarters said they were driven by the lack of freedom of expression and travel. Almost as many said they wanted more personal responsibility for their own destiny. As Heide Zitzmann, 37, a schoolteacher, summed...