Word: largest
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Dates: during 1980-1989
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...levels. Typical is the case of Mohammed Idriss, 60, and his family of eight. Their home village is in Tigre (pop. 4 million to 5 million), where drought and famine have struck the hardest. The house they left sits on a hill overlooking one of the Ethiopian government's largest refugee camps and emergency feeding centers. Almost from his doorstep, Idriss could see trucks and aircraft ferrying in some of the thousands of tons of foreign relief supplies that are now flowing into the country every day. Yet he preferred to shepherd his family for 23 days across mountainous wasteland...
...first few months of 1984, two major events prevented the failure of one of the largest banks in the United States. Continental Illinois Chief Executive Officer Donald Taylor resigned, after just months on the job, and the FDIC injected $7 billion into the bank. In return for its financial support, the FDIC received the right to acquire full ownership of the bank from stockholders at a fraction of a penny per share if the bank should be unable to repay its loans, and the right to replace the bank's management at any stage of its supposed recovery...
Finally, the FDIC's move may have a measurable impact on bank management in the future. While shareholders--and depositors--may soon forget the Continental Illinois fiasco, directors will probably adopt more conservative lending and management policies. The real threat of the collapse of one of the country's largest banks is, in itself, a significant and continual warning. The possibility of being held responsible for such a failure should make directors more active in bank management and more responsible for their actions both to shareholders and to depositors...
...case you're wondering, the RPI-Harvard showdown is scheduled for February 23 at Houston Field House in Troy, N.Y. A packed Houston house of 5600 should welcome Harvard at the league's largest rink...
...searching for a modern Dover Beach, it might help to pause first at Arnold's. What must have been, in Arnold's time, an attractively hectic seaside resort and sailing port seems strangely lifeless now, in spite of the fact that Dover remains one of the largest passenger ports in the world. Huge, squat ferries chug efficiently and frequently between Dover and Calais. Travelers walk a few steps from a train to a boat and are off. The ease and speed with which a Channel crossing is now done may have deprived Dover of its 19th century character, except...