Word: institutionalized
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Dates: during 1980-1989
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From 1982 to 1987, the FDIC, which collects premiums from member banks and insures deposits up to $100,000, shut down or bailed out 600 banks at a cost of $9.99 billion. By far the worst trouble spot is Texas, where the woes of the oil and real estate industries...
The film's conspiracy theory is neat, for sure. It manages to embody every institution liberals fear -- including the FBI, which keeps sending Cathy back to the bed of the man who would kill her. It makes for a familiar movie dilemma, harking as far back as Notorious (1946) and...
Other experts believe short-term or roving deans diminish the job and shortchange the schools. "It makes the dean just an errand boy and caretaker," objects Erwin Griswold, 84, who ruled Harvard Law with an iron hand from 1946 to 1967. "For a dean to get a grasp of an...
As part of the plan, management of First RepublicBank will be taken over by NCNB Corp., a Charlotte, N.C.-based institution (assets: $28.6 billion) that won a bidding war with several other potential buyers, including New York City's Citicorp and San Francisco's Wells Fargo. The North Carolina bank...
Federal law generally requires the Government to pay off mortgages on property it seizes. This time, though, the U.S. Attorney sold the house and refused to give Republic National the proceeds, claiming that the institution knew it was dealing with a drug trafficker when it approved the mortgage in 1987...