Word: giant
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Dates: during 1990-1999
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...million years later--was more devastating or left a greater mark on the history of life. Not just a few laggard species, but entire communities of plants and animals, even hardy insects, suddenly vanished. Among the casualties: coral reefs and all their inhabitants, dense forests of fernlike trees, giant amphibians and pred atory reptiles, and the last of the trilobites, those hard-shelled marine invertebrates with complex eyes that once dominated the prehistoric oceans...
...Lewis acquired food giant TLC Beatrice International in a $985 million leveraged buyout. The coup made Beatrice the largest black-owned business in the country, with Lewis at the helm...
JOHN HAMILTON HAS LEARNED TO HIS sorrow that bank mergers like last week's $10 billion union of Chemical Banking Corp. and Chase Manhattan can enrich investors but hurt depositors. Hamilton fled his own bank in Washington last year after the giant First Union Corp. of Charlotte, North Carolina, acquired it and raised the minimum balance for no-fee checking from $250 to $500. "We couldn't meet that every month," says Hamilton, president of a nonprofit community-development group, who shifted his money to his wife's credit union. Unlike most consumers, Hamilton isn't watching the trend passively...
Deals like the one between Chase and Chemical have aggravated concerns about the impact of bank-merger mania on employees and customers. The new giant, which will take the better-known Chase Manhattan name even though Chemical is larger, will hold nearly $300 billion in assets and eclipse its New York City neighbor Citicorp as the largest U.S. banking company. Enthusiastic investors boosted the price of both Chase and Chemical stock more than 10% in a day, expecting the increased efficiency of the combined banks to send profits zooming. But to pare annual expenses by $1.5 billion within three years...
JOHN STEINBECK TOLD OF A GIANT SEA creature washed ashore in Monterey, California, in the 1940s. Word spread quickly around town. Folks rushed to the shore to examine the fearful monster but found a local scientist had already posted a note on it--"Don't worry about it. It's a basking shark.'' Nothing mysterious. Nothing to get excited about. Once again, science had drained the life and beauty out of nature. Let's leave the deep sea alone and let it retain the one thing that seems to be increasingly rare on this shrinking planet--mystique. RANDY OLSON...