Word: moneyed
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Dates: during 1980-1989
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...fund a rebel army and enforce a trade embargo against Nicaragua. We pay Honduras to house the Contras. We even send money to right-wing think tanks in Costa Rica in an attempt to destabilize the regional negotiations of Costa Rican President Oscar Arias, winner of the Nobel Peace Prize...
...staff director of the Banking Committee in 1981, Wall drafted the industry's dream deregulation bill, the Garn-St. Germain Act. That law created a new breed of thrift operator. In came highflyers like Keating who shifted their depositors' money (now insured for $100,000 instead of $40,000) from unexciting residential mortgages to potentially more lucrative but indisputably riskier shopping malls, resort developments, energy-generating windmills. The new breed awarded themselves seven-digit salaries, private jets, hunting preserves and yachts on which to entertain members of Congress. Keating and his associates took $21 million from Lincoln even...
...insulates the people against the shock of the outside world. "We look at the West, and it's a fairyland," says an East Berlin housewife. "Our attitudes are different. We grew up more modest. We missed out on a lot, but we make do. Over there it's all money, money, money. We don't have it." There , is the touch of an inferiority complex as well, and given widespread West German complaints about new burdens, it is perhaps justified. "Maybe it's best not to unify the country," says an East Berlin pensioner. "The West would probably treat...
...first year, the plan will cost the city $200,000 more than simply continuing to rent the building, Healy said. In five years the cost would be equal, and from then on the city would save money...
...think that the numbers speak for themselves. The support money from Cambridge will decline over time," hospital administrator John O'Brien told the council...