Word: liens
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Dates: during 1970-1979
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...defaulted $500 million loan, went into a German court and attached Iran's 25% investment in two big German companies, Friedrich Krupp and Deutsche Babcock. Last Tuesday, a day after a terrorist bomb exploded outside the bank's Frankfurt office, Morgan obtained a second court lien on the same assets to cover yet a further Iranian debt. The German bankers had thought they would have first call on these assets if Iran failed to pay some of its German loans...
...colonial city look as though they have not been painted since the French defeat in 1954. Inside, families are packed two or three to a room: some even occupy old bathrooms from which the plumbing has been removed. With the exception of a Soviet-financed development called the Kim-Lien subdivision, little new housing has been constructed in 25 years...
Hanoi did not challenge China's claim to have occupied Lao Cai, a rail junction on the Red River in northwest Hoang Lien Son province. There, according to a Peking dispatch, troops of the People's Liberation Army uncovered stores of Chinese-made weapons and ammunition supplied to the Vietnamese for General Vo Nguyen Giap's war against the U.S. The stores included "soap and towels marked PEOPLE'S REPUBLIC OF CHINA and bicycles made in Shanghai...
...fought against Teng's rehabilitation from disgrace 18 months ago were still at their posts last week, though their power was manifestly diminished. They were: Wu Teh, who was ousted as mayor of Peking last October; Secret Police Chief Wang Tung-hsing; and Peking Regional Commander Chen Hsi-lien. Their survival appeared to be evidence of Teng's willingness to compromise with opposing factions, at least temporarily, to achieve the unity necessary for the arduous push toward modernization...
...guess the one that was the most fun was when we sued the Giants for having a cold ball park, and we got the price of a season ticket back. I remember they didn't pay so I executed [a lien] on Willie Mays...The jury was out in one minute...I got some soldiers who were on the icecap up at the North Pole, with the Arctic Survival Team, who came in wearing their arctic survival gear, and they said they had been out to Candlestick Park a couple of nights before watching a night game, and they were...