Word: junks
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...most challenging products to manufacture and a telling measure of an industrial society's capabilities. "Saturn will have enormous psychological impact on American business," says Lester Thurow, dean of M.I.T.'s Sloan School of Management. "If Saturn is successful, it will prove that it's possible to junk the old bureaucracies, change the corporate culture, change the adversarial relationship between union and management, and put it all back together right. If they succeed, it will be a big positive for America. If not, it will be a huge downer...
...prepared to junk preconceptions with The Nasty Girl, Michael Verhoeven's exhilarating true-life adventure about a Nazi hunter in modern Bavaria...
...When junk-bond king Michael Milken copped a plea last April, he disappointed everyone who had been hoping to see the white-collar trial of the decade. Now Milken is having his day in court, but it will be a quick one. In an unusual proceeding that began last week, federal Judge Kimba Wood will hear evidence about some of the 92 charges Milken did not admit when he pleaded guilty to six felony counts of securities fraud and other crimes. Prosecutors hope to offset the efforts of Milken's lawyers to cite his philanthropic activities as grounds...
...these are just the problems on the property-and-casualty side of the industry. Far better publicized of late have been the woes of the life insurance side: losses on junk bonds and bad real estate. Yet these should be manageable if the real estate market doesn't collapse -- and that's not likely to be allowed to happen (anything's possible), because if the real estate market collapsed, everything would collapse...
...wife Janice's inherited Toyota dealership has been given, by Janice, to their son Nelson, whom Rabbit still does not much like. The elder Angstroms winter in a Florida condo and spend the summers back home in southeastern Pennsylvania. Rabbit is restless, watching too much TV and packing in junk food; he now carries well over 230 lbs. on his 6-ft. 3-in. frame. During a rare period of exertion in Florida, he suffers a warning heart attack. In Pennsylvania he discovers that Nelson has skimmed more than $200,000 from the family business to pay for a cocaine...