Word: junking
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Dates: during 1990-1999
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...sensitive to the load imposed on the mail system by large e-mailings, and the need to insulate students from 'junk mailing,'" he wrote in an e-mail yesterday. "Any mass e-mailing, whether by an administrative office or a student group, would have to be approved before it could be sent...
Administrators are also concerned that "spam," junk or advertising mail sent out to a wide audience, would become a nuisance to students...
Like many of the junk-bond wire walkers of the 1980s, Reg Lewis was so obsessed with "doing another Beatrice" that he left the company's core operations adrift. Jean Fugett, a former pro footballer who was Reg's half brother and his handpicked successor, continued the hunt for deals. In the meantime Beatrice was hit by a roiling European recession in 1992 and a rapid erosion of market share, profits and cash. In the middle of this tumult, Fugett hatched a takeover bid for the Baltimore Orioles baseball team. With Beatrice's big shareholders in revolt, Lewis made...
...things that way, is Charles Hurwitz, a Houston-based junk-bond wizard who plays the corporate-villain role well. Charlie's sin? He owns the trees, and he'll cut them if he wants to--and does he want to. In 1986 his company, MAXXAM (1995 sales: $2.57 billion), bought Pacific Lumber, the redwoods' owner. Hurwitz visited PL's Scotia, California, mill, and told workers he believed in the golden rule: "He who has the gold, rules." Then he drained $55 million from PL's $93 million pension fund, and cranked up the timber cut to pay off his debt...
Choi is right to liken the current University scene to a bazaar, with precious gems and useless junk laid out together indiscriminately. But what he and other traditionalists must recognize is that though relativism (which he somehow mistakenly confuses with "democracy"), is certainly not a good in itself, it is necessary for questioning the roots of our western culture--a process that is happening and will continue to happen, whether we like it or not. The product of this assimilation may be far superior to both the bazaar and the good, but provincial, culture that came before...