Word: multibillion
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Dates: during 1990-1999
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Triantafillou said there is always a tension between universities and towns, with towns subsidizing schools because of the educational benefits they provide. In this case, however, she said Cambridge is subsidizing a multibillion corporation--Harvard...
...Primakov arrives in Washington with a full "to do" list. His biggest hope is for a multibillion-dollar loan from the International Monetary Fund. So far the IMF insists that new loans will be contingent on fiscal responsibility in Moscow. Faced with a choice between lending and chaos, however, the IMF may well cut a check...
...February 1996 the agency has arrested more than 3,000 people at Sky Harbor. "This is a pretty enterprising group of individuals," says Virginia Kice, spokeswoman for the Western regional office of the INS. "Drug smuggling gets a lot more press. But the smuggling of human beings is a multibillion-dollar enterprise...
...high-flying financial managers? Surely such people--and their very rich clients--know precisely what they're doing. Surely. But that faith didn't prevent penny-ante investors from enjoying a bit of Emperor's-new-clothes schadenfreude at the near collapse of Long Term Capital Management, the secretive multibillion-dollar hedge fund based in Greenwich, Conn...
...Salinas affair has obviously embarrassed Citibank, a proud institution widely admired around the world. But the affair has done more: it has opened a door on the multibillion-dollar profits and potential pitfalls that beckon in a slice of the global banking business little known to the general public--a slice of the business that is growing rapidly, and for which Citigroup and its giant international rivals are competing ferociously...