Word: lords
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Dates: during 1980-1989
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Britain's giant National Westminster P.L.C. likes to advertise itself as the "Action Bank." Last week the action made front-page headlines when four of the bank's top executives, including chairman Lord Boardman, resigned. The NatWest shake-up, unprecedented in British banking, followed a July 20 report by the Department of Trade and Industry that accused the institution's investment-bank subsidiary of having "deliberately misled" stock-market investors and broken British corporate laws. The report said the wrongdoing occurred when a $1.35 billion stock offering by an employment-services company called Blue Arrow flopped and NatWest ended...
Down the road from the youth center is the tiny Church of the Lord Jesus Christ, which evangelist Foreman helped found nine years ago. With the fighter on the trumpet and cymbals, Sunday services are rarely dull. His sermons sometimes seem directed at himself. "Once you fall, you ain't comin back," he advised the flock recently. "Make noise in a strange fashion, or God may not notice...
...said she was tumbling," said her father, Don Murray of Chester, S.C. "The walls were coming in. She said a hole opened up and the sunlight came in and she climbed out the hole. She said she knew the Lord opened up that hole...
...Lord Hanson, the company's chairman, and Sir Gordon White, head of U.S. operations, have built their empire by acquiring assets at bargain prices and then selling off pieces to pay down their debts. As a result, the 102-year-old ConsGold, which owns 49% of Newmont Mining, the largest gold producer in the U.S., is likely to be split up. Some of its divisions may wind up in the hands of the company's first suitor, Minorco...
Falwell admits that when he temporarily took over the Praise the Lord organization after Jim Bakker was forced out by a rancid sexual scandal in 1987, donations to his Old Time Gospel Hour fell $5.3 million. By 1987, the Moral Majority had so dwindled that Falwell resigned as president. Atlanta businessman Jerry Nims says he took over the assignment with a mandate to phase out the organization. This year contributions were expected to be no more than $3.5 million...