Word: month
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Dates: during 1980-1989
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...against corruption. For the elections, he persuaded several of India's opposition groups to quit fighting one another and work together to defeat Congress. As a result, they were able to avoid facing each other and thus splitting the opposition vote in 387 of the 525 parliamentary contests last month...
Palestinian guerrillas armed with automatic weapons offered a grim demonstration of that philosophy last month when they ambushed an Israeli patrol in the Gaza Strip and killed two soldiers. But stepped-up Palestinian violence will only beget more violence from Israel. Warned Brigadier General Zvi Poleg, who commands Israeli forces in Gaza: "The rules of the game change when lethal weapons are used against soldiers...
...Fifth Avenue, boasts crystal chandeliers and parquet floors, lofty ceilings and broad aisles. B. Altman, with its 124-year-old reputation for quality and gentility, is going out of business. Six of Altman's seven stores, situated mostly in New York, Pennsylvania and New Jersey, will be shuttered next month because its current owners were unable to attract any suitable bids during its six weeks on the block. Though the chain was long past its glory years, it finally expired at the hands of George Herscu, an overleveraged Australian corporate raider whose L.J. Hooker Corp. bought B. Altman...
Toward the end, B. Altman was losing more than $4 million a month. Retailing experts estimated that any potential savior would have to spend as much as $100 million to renovate the stores and rebuild basic inventories. Stock had become severely depleted during the past year, in part because manufacturers refused to extend credit to the store and withheld clothing shipments. The bankruptcy court put the chain up for sale but decided to liquidate when no acceptable bidders came forward...
...Bilzerian and the company. Sentenced in August to four years in prison for violating tax and securities laws in previous raids, Bilzerian is appealing that conviction. Singer, renamed Bicoastal after Bilzerian sold eight of twelve divisions to meet $120 million in annual interest payments, sought refuge from creditors last month by entering bankruptcy court. But management is no longer his concern: he resigned as Bicoastal chairman last summer after his criminal conviction...