Word: mattress
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Jose Luis Villa, who slipped across the Mexican border last fall, has even worse prospects. He makes his home on a ragged mattress, one of about 30 lying in a row underneath the roaring traffic of Los Angeles' San Diego Freeway. Next to Villa's mattress stands a cardboard Perrier carton that contains most of his worldly possessions: a toothbrush, a tube of Colgate toothpaste, a cracked and yellowing bar of soap, a flashlight and a beginner's manual of English. Villa looks 13, but he claims to be 16. Every morning he hikes over to the "slave market...
...story mental hospital in suburban Buenos Aires late last week. Said one witness: "Some patients leaped out of the windows, and we could hear them screaming. You could hear explosions as windows shattered." As choking, disoriented inmates fled into the streets, a nurse, wrapped in a mattress cover, reportedly jumped to her death from the top of the building. Federal police sources put the death toll at 79, but it could go higher. It was estimated that at least 247 people were injured in the three-hour blaze...
...fees for top executives; and $155 for the kenneling of a dog named Fursten while its owner, a General Dynamics executive, attended a company conference at a South Carolina resort. At last week's hearing, Dingell quizzed Lewis about a $571.25 charge for a king-size Serta Perfect Sleeper mattress and box-spring set, which was delivered to the Clayton Inn in suburban St. Louis. "It was for Mr. Veliotis," said Lewis, who explained that the executive said he needed the bed for the times he came to St. Louis for meetings. Added Gorden MacDonald, a General Dynamics executive vice...
...system out of a protected environment." Free enterprise is what is ruining the banking industry. It has killed the safeguards and ended the longest period of bank stability in our history. Banks are different from other businesses. They are supposed to be a safe repository, an alternative to the mattress and cookie jar and a stable pool of cash that can be called on to fuel the nation's economy. Banks should be the underwriters of the nation's financial security...
...Adams, a marketing executive in Chicago: "The failures are just more proof that they don't know what they're doing, and that's kind of scary. I don't mean I'm going to take my money out and put it under my mattress, but I am concerned." Last week BankAmerica and First Chicago, two of the nation's largest institutions, said they were considering selling their landmark headquarters buildings. Reason: both banks must raise money to fulfill an order by federal regulators to build up their reserves against bad loans. Says First...