Word: fetchingly
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Bass's really big payoff will come if he decides to sell the thrift. One source close to the deal says that a profitable American Savings might fetch Bass a tidy $1 billion or more. Bass could conceivably still lose money on the deal if his thrift were to suffer losses, but that is almost an impossibility because it has been cleansed of its failing assets. Since FSLIC shoulders almost all the risk, the better Bass does, the less the deal will cost the Government. "We hope he makes a lot of money," says Bank Board member Roger Martin...
...ceilings in Houston's 13-story BancTexas building, worried tenants started packing up and leaving. Now, little more than a year later, the building is empty and its owners are trying to sell it for $6.5 million, an asking price 30% to 50% less than the building might fetch if it were asbestos-free. In Manhattan the former J.C. Penney headquarters, a 45-story tower that was sold last May to a real estate partnership for $352 million, stands vacant while workers remove asbestos from the building. Estimated cost: $6 million...
...resale of weapons. However, that has not stanched a flood of firepower that travels from Southern states, where guns are quickly and easily bought, to Northern ones, where sales are more tightly regulated. Firearms bought in gun shops in Florida, Texas and Virginia -- the three largest supply states -- fetch top dollar when sold on the black market to drug dealers, street gangs and assorted thugs in Washington and New York City...
...latest skirmish in a war that has pitted a growing army of rhino and elephant poachers against an outgunned force of rangers and police. The lure for poachers is great: prized in Asia as an aphrodisiac and in Yemen for making dagger handles, a single rhino horn can fetch as much...
...smuggling rare and endangered parrots into the U.S. from Mexico and other Latin American countries. In a two-year undercover probe, the agency seized dozens of exotic parrots worth some $468,000. Such birds, which can be picked up for as little as $100 apiece along the Mexican border, fetch dear prices in U.S. pet stores: $4,500 for a scarlet macaw, $25,000 for a pair of black palm cockatoos. The crackdown began after smugglers offered their booty to Ohio pet-shop owners Frank and Carol Reuve, who notified U.S. agents and served as a front for the operation...