Word: holdouts
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Dates: during 1980-1989
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...past ten years, as the editor of the Buenos Aires Herald, Cox has been the last holdout--the only editor who will print information criticizing Argentina's military government--information about missing people, about a corrupt system of law, about senseless murders and violence, information about a society gone haywire in its attempt to erase its internal dissent. And he has done so with daily death threats to himself and his family--even threats to his 11-year...
...bought back the loans from the recalcitrant banks. But with Chrysler's lenders nervous at best over the complex credit deal, it was clear the defection of just one or two banks would jeopardize the entire loan package. Thus the company's tactic was to besiege the holdout bankers with telephone calls from Congressmen and big-city bankers. Chrysler workers also threatened to withdraw all their savings accounts from some of the banks. The tiny Crestwood Metro Bank in St. Louis, which was owed less than $500,000, received telephone calls or visits from Steven Miller, Chrysler...
...week's end Chrysler's full-court press had succeeded. All 17 banks had fallen into line, including the Tejarat Bank of Tehran, to which Chrysler owed $3.6 million. The last holdout was the Deutsche Genossenschaftsbank of Frankfurt, West Germany. Said one banker...
...time the jury of seven men and five women began their deliberations, only four of them seemed convinced by the state's case. As time wore on, three more moved over into the Ford column, and finally, after 25 hours, the last holdout, James A. Yurgilas, made it unanimous. A relieved Neal said he hoped the verdict would "discourage prosecutions like this in the future." But some legal experts doubt that it will. They believe that the publicity may encourage prosecutors elsewhere to bring similar cases. Said Cosentino: "I would hope that the fact that Ford Motor...