Word: groupings
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Dates: during 1980-1989
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...astonishing 41 violated basic waterfowl-protection laws. In the course of the operation, agents regularly documented egregious violations. At one posh club, for instance, an undercover agent was asked by unsuspecting guides to videotape a hunt during which 13 hunters slaughtered 204 birds (139 over the limit for that group). When a guide yelled to spook hundreds of geese clumped together in a pond, hunters fired blindly into the rising cloud of birds. After the fusillade, the water was littered with dead and wounded snow geese...
...Federal Home Loan Bank Board seized American and installed fresh management. But the new team gambled and failed in a multibillion-dollar investment in mortgage-backed securities. When the Bank Board went looking for help again, it eventually decided to grant exclusive bargaining rights to the Robert M. Bass Group, which had already taken over such properties as the Westin hotel chain and Bell & Howell...
...sure-thing profit for Bass. American Savings will be split into two entities: a "good" S & L to hold $15.4 billion in healthy assets and a "bad" one that will liquidate $14.4 billion in sour loans and other assets. For a total investment of only $500 million, the Bass Group gets 70% ownership of the good thrift. FSLIC controls the rest...
This week, to prevent such a tragedy, conservationists will unveil the most elaborate and costly plan in history to rescue a single species. Sponsored by the African Elephant Conservation Coordinating Group, a coalition of several international organizations, the plan calls for bolstering efforts to protect elephants against poachers, a study of ways to crack down on illegal trading of tusks, and a publicity campaign to alert people and governments to the relationship between the trade in ivory and the plight of the elephant. The AECCG hopes to raise at least $15 million in four years to finance its work...
Conservationists cannot hope to protect elephants throughout their African homelands. For that reason, the AECCG, which includes such major conservation groups as the World Wildlife Fund, TRAFFIC and Wildlife Conservation International, envisions a triage approach. The group plans to concentrate its resources on about 40 populations that have the best chance of being guarded from poachers. That strategy would focus on saving about 250,000 elephants and would reluctantly leave another 500,000 to their fate...