Word: hammered
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Dates: during 1980-1989
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...meeting in Los Angeles two weeks ago, Occidental Chairman Armand Hammer, 86, and Diamond Shamrock Chairman William Bricker, 52, were discussing Bricker's plans to take over a third oil firm when they began exploring a merger of their companies. As a team of more than 100 investment bankers and advisers labored through the weekend to work out the details, an arrangement took shape in which stockholders in the two firms would trade their shares one for one for stock in a new holding company. Under the terms, according to sources at Occidental, Diamond Shamrock would have become a wholly...
...court of appeals, this was a "classic and coolly crafted libel." But not to Bork. Ollman, he reasoned, was no cloistered academic. He boasted that most of his students became Marxists and had invented a Monopoly- like game called Class Struggle, in which workers moved a little hammer around . a board while capitalists moved a top hat. With such advocacy, wrote Bork, Ollman had made himself a public figure and therefore "must accept the banging and jostling of political debate" in which some factual assertions should be treated as "rhetorical hyperbole" and hence as opinions...
SENTENCED. Stacy Reach, 43, stage and film actor who stars in TV's Mickey Spillane's Mike Hammer series; to nine months in prison, after pleading guilty to importing 1.3 oz. of cocaine into Britain last April from France, where he was filming the mini-series Mistral's Daughter; in Reading, England. Keach, who had already completed most of this season's Hammer episodes, began serving the sentence immediately...
...intercontinental ballistic missiles seemed to be emerging as one of the most contentious issues in both capitals. Chernenko mentioned "nonmilitarization of outer space" first in his list of topics to be negotiated, followed by a "reduction of strategic nuclear arms and medium-range nuclear weapons." (He invited Industrialist Armand Hammer, 86, a longtime friend of Soviet leaders, to Moscow as an unofficial pre-Geneva go-between, and Hammer readily accepted...
Irving Kristol, a senior fellow at the conservative American Enterprise Institute, arguing that the two proposals are close in intent and substance, urged the President last week to call the four legislators to the White House to hammer out a compromise. No one expects that to happen, however, since the Treasury Department will be pushing its own plan. Beyond that, even the seemingly minor differences in the bills loom very large when viewed from the perspective of those who would be hurt. The tax credit for new investments, for example, is worth some $29 billion a year to corporations; they...