Word: funded
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Dates: during 1980-1989
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...thinking behind the mergers is that the firms will save money by combining and streamlining operations and thus stand a better chance of survival. But the rescue plans will put a severe strain on the already cash-starved Federal Savings and Loan Insurance Corporation (FSLIC), the industry insurance fund that provides the money for the bailouts...
...real estate industries have caused 192 banks to fail since 1982. The First RepublicBank case almost guarantees that the FDIC will operate at a loss this year for the first time in its history. Its reserves now stand at $15.8 billion, down from $18.3 billion in January, and the fund is likely to lose an additional $2 billion by the end of the year. FDIC Chairman William Seidman told Congress two weeks ago that at least one and possibly two major banks may soon need substantial federal aid. Industry experts predict that the next big institution in need of rescue...
When his duties as convention manager end, Malek, 50, will take over party fund raising, advertising and get-out-the-vote operations as deputy chairman of the Republican National Committee (pushing Chairman Frank Fahrenkopf upstairs). It will be a political rehabilitation of sorts. Malek, who worked for H.R. Haldeman, was censured by the Senate Watergate Committee for using federal resources to get Nixon re-elected and for ordering the FBI to conduct an investigation of former CBS Correspondent and Nixon Critic Daniel Schorr...
...Bush, holding out for a while a hope of the vice presidency (the first of Bush's lunges at an office others try to evade). When Prescott Bush advised his son against running for the Senate in 1970, Nixon urged him on, financing his race with an illegal campaign fund and promising him a Government job if he lost...
...Wales last year, the whole of the University College at Cardiff nearly went into bankruptcy and was saved by an emergency infusion of government cash that may not be there next time. To help head off any such crisis of its own, Oxford will launch a fund-raising campaign next October -- after getting some consulting help from Harvard and Princeton...