Word: groups
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Dates: during 1980-1989
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REVCO D.S. Back in 1986 it was the largest U.S. drugstore chain. Revco plunged into an LBO that year after Herbert Haft, chairman of the Dart Group of retailing companies, made a bid for the Twinsburg, Ohio-based firm. With advice from Salomon Brothers, Revco chairman Sidney Dworkin led a $1.3 billion LBO financed largely by junk bonds that paid more than 13% interest. The company then expanded its line of merchandise to include video players and ^ electronic appliances in the hope of boosting business. Bewildered customers began shopping elsewhere, and Revco fell short of its sales and earnings targets...
...whom are laboring in Jerusalem, point out that their task is difficult and must be done with precision. For example, one of the caves contained 15,000 fragments that had to be pieced together like jigsaw puzzles into 516 scrolls. Harvard University's John Strugnell, head of the group since 1987, says fund-raising difficulties and the Arab-Israeli wars slowed progress. He admits that his deadline of 1997 is only an "intelligent guess," not a "promise," and that work could stretch years beyond that...
...published in a very short time if the circle of scholars were enlarged." That is prevented by a system of control that dates from the early discoveries in what was then part of Jordan. After rapid publication of the first finds by Israelis, Jordan authorized creation of a select group of antiquities experts, all Christians, with exclusive rights to study and publish the rest of the manuscripts. The favored scholars assigned the various texts among themselves. As for the scrolls, some eventually went on display at West Jerusalem's Shrine of the Book, but most ended up in the Rockefeller...
...Soviet dictatorship, believed that anyone who disagreed with him was an enemy who had to be ruthlessly smashed. He would not have hesitated a moment before arresting the members of the Congress of People's Deputies who decided last week to form a legal opposition calling itself the Interregional Group. At a freewheeling conference in Moscow's House of Cinema, the new faction elected a collective leadership and adopted a platform that called for rewriting the Soviet Constitution to make the system safe for pluralism and basic civil rights. In a direct challenge to Leninism, the central dogma...
That was brought to vivid life by the Interregional Group. In the first issue of its new newspaper, Moscow Deputy Sergei Stankevich assured his colleagues that they no longer had to believe that organizing a political opposition was a crime against the state. A struggle among dissenting factions, he said, "is the only possible method of existence for a legislative body." Counting absentees, 388 Deputies said they were willing to associate themselves with this departure from Communist rectitude. Though that is a distinct minority of the 2,250-member Congress, the surprising thing is that an opposition faction exists...