Word: junked
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Dates: during 1980-1989
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...power testing at Seabrook last week signaled that a fresh wave of pro-nuclear sentiment is stirring in Washington. The testing permit was the second granted in two months: the first went to Long Island's Shoreham nuclear plant, even though the reactor's owner had already decided to junk...
...same could not be said of whip Tony Coelho, who had hoped to bump up a notch to majority leader. The Justice Department is reportedly in the preliminary stages of a criminal investigation of Coelho's investment in a $100,000 junk bond sold by indicted inside trader Michael Milken's firm, Drexel Burnham Lambert. Late Friday, after Common Cause asked the ethics committee to determine whether the bond deal was a favor, Coelho could see what lay ahead. He announced that he was quitting his leadership post immediately and resigning from Congress on June 15, his 47th birthday...
...good times Baker refers to in his title are from 1947, the year he joined the Baltimore Sun, until 1963, when Kennedy was assassinated. Yet to come were full-scale war in Viet Nam, civil unrest, Watergate, gas lines, stagflation, and the proliferation of junk food and junk politics. Unsurprisingly these not-so-good times provided Baker with his best material as a columnist. But as a memoirist he seems to be finding that Russell Baker is a tough act to follow, especially if you are Russell Baker...
Troubles for Democratic whip Tony Coelho mounted with stories of his profiting from favoritism by borrowing money to buy a $100,000 junk bond from Drexel Burnham Lambert -- a deal that ultimately netted him $6,882. Avenging Republicans hovered over fax machines, gathering new items from the stories on Coelho in California's crusading Fresno...
...Perelman got restless, moved to New York City and started collecting his own companies. Beginning with a chain of jewelry stores, he added MacAndrews & Forbes, a producer of licorice extract, in 1979. Then, with the help of financing provided by Drexel Burnham Lambert's junk-bond whiz Michael Milken, came Pantry Pride, a grocery chain. In 1985 Revlon was added to his list...