Word: largest
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Herscu piled up debts of $1.4 billion building his trans-Pacific empire, then ran into trouble last year. Hooker, Australia's second largest home builder, has been hit by rising interest rates and sagging home sales in Australia, as well as lukewarm retail sales in the U.S. Herscu is now trying to sell off $750 million in assets, from Manhattan to Melbourne. Altman and Bonwit, meanwhile, are hoping to satisfy their creditors in time to sell some fall fashions...
...part of the plea agreement, the Panamanian bank could pay a $5 million fine, giving up most of its $6.7 million net worth. The fine would be the largest U.S. penalty ever paid by a bank on money-laundering charges and would be the first time a foreign bank with no formal operations in the U.S. has been convicted of such violations...
...officers whose departments would be affected. This second group narrowed down the options. The Cabinet postponed one meeting with Bush after the EPA's Reilly, in a move supported by Boyden Gray, argued for an idealistic plan that would have required half the cars in the nation's 20 largest cities to be powered by alternative fuels by the year 2000. Budget Director Richard Darman and Economic Adviser Michael Boskin worked for weeks to come up with the scaled-down version that eventually went to the President. Bush never saw the EPA's 50% proposal...
Only two months after Northwest Airlines rebuffed his $2.6 billion bid, Davis has bounced back with an even grander scheme. Last week he offered to pay $5.4 billion, or $240 a share, for UAL, the parent company of United Airlines, the second largest U.S. carrier. UAL's board said it would consider the offer, and sent emissaries to meet with Davis' advisers. Meanwhile, UAL shares rocketed from 164 1/2 to 257 in just four days. Wall Streeters believe that the price could top $300 if other buyers...
...there's more to come, warned Thornburgh, saying, "This probe is part of an expanding Department of Justice crackdown on white-collar crime in all its various guises, from Wall Street to LaSalle Street to Main Street. The activities uncovered at these exchanges, the largest of their type in the world, cannot be tolerated...