Word: loses
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Dates: during 1980-1989
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...crisis, Volcker helped assemble a package of $4.5 billion in fresh commercial-bank loans for Continental. "This is a very historic thing," remarked a New York City banker. "This is the first time the Fed has been party to any kind of statement that 'nobody is going to lose.' " While the Federal Deposit Insurance Company had to take over and reorganize the bank, Volcker's eagerness to get involved in the rescue was a confidence-building signal to the public that major U.S. banks would not be allowed to founder...
Commenting on the University's acquisitions in the Square, local realtor Jean LeVaux, president of LeVaux Real Estate, says "the developers looking for property to develop are upset because [these parcels] are no longer open to the highest bidder. The general public feels shut out. And realtors lose out because these properties are automatically removed from the public domain...
...happen to think it is the end of the world if the streak is broken," Adams said. "It's okay to lose once every four or five years...
...lose more than that and people might start paying attention...
While HUCTW will no doubt lose some of itssupporters from this departing group, Rondeau isoptimistic about the prospects for winning overthe newly hired staff and for retaining adisproportionate share of union supporters, whowill choose to stay at Harvard for the election...