Word: hurwitz
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Dates: during 1990-1999
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...California legislature passed this month to handle the controversy, referred to glumly by environmentalists as "the Deal," sounds good. Some 300-ft.-tall old-growth giants along the northern part of the state's coast are saved, along with scraps of wildlife habitat, and if a financier named Charles Hurwitz gets nearly half a billion dollars in federal and state money, who cares? The stock market creates or vaporizes that much wealth in the time it takes Alan Greenspan to clear his throat...
...additional land, most of it heavily logged, Maxxam Corp. of Houston, Pacific Lumber's owner, will get $250 million from the Federal Government and $210 million from California. At week's end there seemed little doubt that Governor Pete Wilson would sign the payment bill. Maxxam, controlled by Hurwitz, was a major contributor to his most recent election campaign...
Conservationists hoped for more: not just Headwaters, but 60,000 acres of mostly scarred and bulldozed land that could be rehabilitated. There is a dim hope, still, that they will get it. The Federal Deposit Insurance Corporation is slowly pursuing an old case against Hurwitz, having to do with a savings and loan collapse. A settlement of $250 million from Hurwitz was spoken of. So was a swap: debt for nature, maybe involving Pacific Lumber land...
...These committees really have the power to make and implement policy," Hurwitz says...
...Hurwitz says one area the Faculty may soon address is undergraduate advising...