Word: fractionalized
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Dates: during 1980-1989
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...limits and proving they can succeed in virtually every sport. About 50,000 disabled Americans, from amputees and the blind to those with spinal-cord injuries or cerebral palsy, are taking up everything from cycling and scuba diving to rock climbing and rafting. That is still a small fraction of the 37 million handicapped in the U.S. But, declares Dave Kiley, 34, of Pomona, Calif., a star wheelchair-basketball player, "the traditional stereotype of passivity is broken...
...manifestations of a fresh outbreak of merger mania. So far this year, 4,813 mergers and acquisitions, worth $366 billion, have been launched or completed. That compares with 4,082 transactions, valued at $249 billion, during the same period last year. As daily stock-trading volumes languish at a fraction of their bull-market highs, and small investors seem a vanishing breed, mergers and acquisitions provide the only excitement around...
...York City a federal grand jury indicted Marcos, 71, and his wife Imelda, 59, on six counts of racketeering and diverting more than $100 million taken from the Philippine treasury into artworks and real estate in Manhattan. As sweeping as the indictment was, it covered only a fraction of the billions of dollars that Marcos is thought to have stashed away during his 20 years in power...
These imaginative and important steps, however, will reduce total Third World debt by only a tiny fraction. Bankers may find that if they move too cautiously in easing the debt burden, more sweeping solutions to the problem may be forced upon them...
...minimum-wage jobs, they still face a stark choice common to many high school-educated children of blue-collar workers: either to make it into a well-paid but precarious union job or to walk off an economic cliff into a nonunion service-sector job that pays a fraction of such wages...