Word: haulings
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Consider the case of Jeannette Shulda, rendered a quadriplegic in 1984. She was helping her long-haul trucker husband when a pallet fell on her, crushing her spinal cord. A company called Transit Casualty (remember that name) paid out more than $300,000 in medical expenses and 24-hour care. Then everything stopped. At the end of 1985 Transit Casualty went broke. For technical reasons, the California state guaranty fund wouldn't cover the claim. Eventually it probably will (just hang in there, Mrs. Shulda), but nearly five years later, the case is still in the courts...
Many restaurants have been closed; too many staples, needed for rationing over the long haul, were being consumed. There is almost no bread in the city. Though the downtown streets are jammed every night, there are few customers in the stores. "Business is very bad," concedes a senior minister. "The blockade is hurting." Meanwhile, says Information Minister Latif Jassim, "morale is very high, and the people are very strong...
...Beverly Hills police department must dread having to haul local teenage millionaires off to jail for a grisly crime: the tabloids swarm, the rumors fly, the suspects hire the best defense lawyers money can buy -- and all those involved (even the minor players) act as if they are characters in the first draft of a convoluted screenplay desperately in need of a rewrite. Thus it has been several miserable months for the prosecutors in charge of the Menendez murder investigation; they are fielding two young millionaires, charges of patricide, disputed psychotherapy records and flamboyant defense attorneys claiming that vital evidence...
Such steps may stave off short-term banking crises, but over the long haul, more dramatic changes are needed. During the past 20 years, commercial banks have been muscled out of many of their traditional lines of business by other segments of the financial industry. Most important, few major corporations still borrow from banks; they float their own commercial IOUs. When banks looked for borrowers elsewhere, they ran into one bad risk after another, most notably the Third World countries. Says Katherine Hensel, a banking analyst for Shearson Lehman Hutton: "Just look at the legacy here. On the heels...
...combination of environmental concerns and escalating oil prices is heating up interest. The biggest problem will be getting the fuel to market. With natural-gas demand up 16% from 1986 to 1989, the 1.2 million-mile network of pipelines that haul gas from the fields to users is inadequate. Much of the current system is geared to serving old Rust Belt users, while the greatest need for increased supply is on the East and West coasts. But construction plans have been stalled by environmental opposition -- ironic considering the good safety record of the transmission companies -- as well as the lumbering...