Word: largest
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Dates: during 1980-1989
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WASHINGTON--Tens of thousands of long-distance telephone callers faced delays yesterday as workers rallied and walked picket lines at American Telephone & Telegraph facilities in the nation's largest strike in three years...
...they are lending money to other businesses, giving out mortgages and helping consumers finance everything from washing machines to vacations. The three auto giants all have financial subsidiaries that have become huge companies in their own right. With $75.4 billion in assets, General Motors Acceptance Corp. ranks among the largest U.S. financial institutions. In the past two years the assets of Ford Motor Credit Co. have grown 64%, to $31.3 billion, and Chrysler Financial Corp.'s assets have more than tripled, to $15.9 billion. Proclaimed Chrysler Chairman Lee Iacocca at last week's annual shareholders meeting: "We are no longer...
...swift growth has come largely through acquisitions. Last year, for example, GM bought Norwest Mortgage of Minneapolis and Philadelphia's Colonial Mortgage group for $335 million. That made GMAC the nation's second-largest mortgage lender, with $22 billion in commercial and home loans on its books. Also in 1985, Chrysler acquired E.F. Hutton's commercial lending subsidiary for $125 million, and Ford paid $493 million for San Francisco-based First Nationwide Financial Corp., the holding company for the eighth-largest savings and loan...
...Levine case was the largest insider-trading complaint ever filed by the SEC, and it spurred anxiety and soul-searching in Wall Street boardrooms. Levine had allegedly amassed a total of $12.6 million in illicit profits while working for three investment firms--Drexel Burnham Lambert, Lehman Bros. and Smith Barney--during the past 5 1/2 years. Insider-trading cases come and go like stock-market rallies, but never has such a high-level executive been accused of using privileged information for so much personal gain over so long a period of time. Wall Streeters think that Levine must have been...
...from leper colonies in Africa to antipoverty programs in hometown Milwaukee. Residing in the unpretentious suburb of Wauwatosa, the Johns cherished obscurity as a virtue commended by the 17th century Trappist monk Armand Jean De Rance, for whom Harry named the foundation. Though De Rance became the world's largest Catholic charity, the Johns stayed out of the spotlight...