Word: mesa
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Dates: during 1980-1989
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When Meese went to Washington in 1981, he put his five-bedroom house in La Mesa, near San Diego, up for sale and bought another home in McLean, a fashionable Virginia suburb. But even though Meese lowered the price from $319,000 to $298,000, the California house stood empty for 20 months. As a result, Meese fell behind in his mortgage payments on both the old and the new residences- 15 months on the La Mesa property and four on the McLean home. His bankers did not attempt to foreclose. In the meantime, White House Personnel Director E. Pendleton...
...California agreed to buy Gulf Oil than Wall Streeters began speculating on who would win, and who would lose, in the $13.2 billion deal. At the top of everyone's winners list was Corporate Raider T. Boone Pickens Jr. and his partners. Together with Pickens' Texas-based Mesa Petroleum, they acquired 13.2% of Gulf stock at an average price of $45 a share, and now stand to reap $760 million from Socal's takeover for $80 a share. Mesa alone will rake in $506 million...
Gulf is entertaining offers because it is frantically seeking a buyer to save it from T. Boone Pickens Jr., chairman of Mesa Petroleum. Although Pickens lost a proxy battle to gain control of Gulf in December, his group holds 13.2% of the oil company's stock. In addition, Pickens has offered to buy an additional 8.1% of Gulf for $65 a share in a tender offer that takes effect at midnight on March 21. If successful, he might go ahead with his plan for a drastic restructuring of the company...
Initially, the test seemed routine. At 9 a.m., Department of Energy (DOE) engineers detonated a nuclear bomb 1,168 ft. beneath the arid landscape of the Rainier Mesa at the Nevada test site 93 miles northwest of Las Vegas. About three hours later, after instruments detected no radiation at the site, workers in white coveralls returned to trailers near the blast area to begin collecting data. They had just started to snip the 150 cables connected to underground sensors when the earth gave way. "I felt the earth shake, and before I knew it I was standing on my head...
...deep. Although apparently no radiation had leaked, 14 workers emerged with broken bones and lacerations. Craters from previous underground nuclear tests pock the desert floor elsewhere on the 1,350-sq.-mi. site. But officials said they had had no reason to expect such a result in the mesa because it is made up of hardened volcanic ash and granite. In the past 20 years, the Government has exploded 45 nuclear devices with no ill effects in the tunnels bored under the mesa. Indeed, until last week there had been no direct injuries from the more than 600 atomic tests...