Word: flushing
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Businesses are having slightly better success than consumers in the search for credit funds. Says Gary Wenglowski, chief economist of Goldman Sachs: "Money is still available for the major companies, although it is very costly." One way companies have kept flush with cash is by borrowing money abroad where interest rates are lower. IBM recently obtained $227 million worth of West German marks and Swiss francs at up to 14% less than it would have paid for the money domestically...
...sprouting up in the gas-and oil-rich region like spring wild flowers, are attempting to turn oil leases into sizable fortunes. Their offering circulars detail risks that would daunt the faint of heart. Speculation also fits the local mood. Ever since gold-rush days, Colorado has been flush with get-rich-quick gambits, a mania seen in the uranium boom of the mid-1950s...
...addition to personal data, the short form also asks a dozen questions mostly about the residence: the number of rooms, whether it is owned or rented and whether it has a private entrance and full plumbing (defined as "hot and cold piped water, a flush toilet and a bathtub or shower"). The long form, which will be received by 17% of the households, asks 46 additional questions, including education and income levels and whether the respondent is physically or mentally disabled. These questions seem to be not only intrusive but also idiosyncratic, and they and similar ones have irritated...
...amazed by the "unanimity with which they spoke" and with what they saw as "callous disregard" for human lives. Somebody in Washington was watching the CIA reports that showed North Vietnamese troops hiding in sanctuaries on the Cambodian side of the border. Somebody decided that the best way to flush the North Vietnamese out was to destroy the sanctuaries. But, as Shawcross demonstrates in Sideshow, they forgot that the bombs might hit a few Cambodians...
...OPEC is flush with money, while the developing nations go deeper into the hole...