Word: flows
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Dates: during 1980-1989
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Reed was especially worried by the seemingly endless flow of fresh money to major Third World creditors. That cash outflow only served to increase the bank's vulnerability, creating a vicious cycle with which other major banks are also painfully familiar. To reduce that exposure, Reed in 1985 directed that Citicorp begin to build up its offsetting reserves. That year the bank set aside $1.2 billion. Last year the total jumped again, to $1.7 billion...
...first glance, the image that flashed on the 19-inch computer screen looked like an ordinary road map. Then John Richardson, acting manager of the Federal Aviation Administration's Central Flow Control Facility in Washington, began tapping at his keyboard. With one stroke he zoomed in to an aerial view of the New York metropolitan area, divided not along town or county lines but along sectors of airspace. With another keystroke he eliminated hundreds of tiny black dots showing the location of low-flying aircraft and private jets. What remained on the screen were larger, winged symbols representing commercial airliners...
Taking a cue from Corporate America, more and more people these days are shopping for cars the same way that Inkley did. For decades automobile leasing has been popular among firms anxious to protect their cash flow and capital from the kind of rapid depreciation that car-fleet ownership entails. Now individual consumers are taking up the same practice for roughly similar reasons. Last year, according to the American Automotive Leasing Association (A.A.L.A.), a lobbying group, individual customers leased nearly 2 million of the 11.4 million new cars delivered in the U.S., a record. That 17% market share compares with...
...Mart. For all its lingering Bible Belt ways, the company is in most other respects forward thinking. When it comes to technology, Wal-Mart leads the industry. The company is now installing a satellite communications system that will enable a constant stream of sales and inventory data to flow between each store and headquarters. Such information is quickly relayed to ten giant warehouses, which keep the stores well stocked at all times. Every Wal-Mart is within a day's drive of one of these storage depots...
...searing spring sun by white straw hats, mutter occasionally to one another, then lose themselves in the local paper. The younger ones, several of them wearing BORN IN THE U.S.A. T shirts, banter loudly and watch the girls go by. Their burgeoning numbers are the first sign that the flow of Mexicans seeking jobs and a better life in the U.S. is beginning to reverse itself. American cars with license plates from Illinois, California, Texas and Washington State are parked on nearly every street...