Word: holding
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Dates: during 1980-1989
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...suspected that he might have been tipped off by Medina. A military surveillance team subsequently was assigned to tail the general. The spying operation reportedly established ties between Medina and both Escobar and another drug baron, Gonzalo Rodriguez Gacha, nicknamed "El Mexicano." Apparently not certain that the evidence would hold up in court, the government allowed Medina to retire. Two days after Medina's successor, General Miguel Antonio Gomez Padilla, took over, the National Police launched Operation Primavera, the most successful strike against cocaine producers in Colombian history...
...moment, Afghanistan's major cities remain in government hands, thanks largely to massive Soviet bombing attacks in recent weeks. But no one expects Najibullah's tenuous grip on the country to hold for long. Rebel commanders in the field, who sense that a military victory is within reach, are not going to let that long-sought opportunity slip away. The only remaining question seems to be precisely how they will take the cities. Full- scale assaults are tempting, but the mujahedin insurgents fear that the civilian toll may be high and that a successful attack may draw Soviet retribution from...
...Newspaper reports disclosed that during Bush's eight years as Vice President, Gray made as much as $50,000 a year as chairman and a director of his family's $500 million communications company, while collecting his pay as Bush's counsel. Bush did not fire Gray, or even hold his nose. The President defended the legality and benign intent of his aide, showing the same kind of myopia toward one of his own that got Ronald Reagan in trouble. By midweek, however, Gray had resigned from the corporation and put his assets in a blind trust...
...Loan Insurance Corporation will pump into the thrift to make it lucrative for the new owners is estimated at $1.7 billion to $2.5 billion. The arrangement clearly adds up to a 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...
...extent we are invested in KKR, we will be an equity holder in the private company," Peterson said. And according to figures provided by Harvard Management Partner Scott M. Sperling, Harvard will hold less than 1 percent of RJR-Nabisco because its KKR investment made up less than 1 percent of the multi-billion dollar takeover...