Word: multibillions
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...help be a little irritated by that," he admits. "You say to yourself: 'How intelligent are the people who are writing this? Do they lack the intelligence to take a look at a state that is the size of California that was run successfully for eight years-a multibillion-dollar business?' I was intelligent enough to surround myself myself as Governor with the kind of expertise and the kind of people who could make these things happen." He has a point. His administration of California was competent, and he did not let ideological principles prevent him from doing...
...often ailing institutions like Main Bank in Houston. Not any longer. Last summer Britain's Midland Bank unveiled a plan to buy California's Crocker National Bank, the nation's 14th largest (assets:$16 billion). In the past two years, overseas investors have also grabbed such multibillion-dollar banks as New York's Marine Midland and California's Union Bank. Some lawmakers say that the buying binge has gone far enough. If the Crocker deal is approved by the Federal Government, foreigners will hold the purse strings to more than 15% of the $1.6 trillion...
...satisfy creditors and still keep their multibillion-dollar empire intact, the brothers, heirs to the estate of Texas Oilman H.L. Hunt, have been forced to arrange for a stupefying $1.1 billion line of credit from a consortium of twelve banks headed by Morgan Guaranty and First National Bank in Dallas. In return for the money, the banks have demanded as collateral just about everything of value that the Hunts still own. The resulting listing of mortgaged properties, which runs to more than 350 pages of securities, real estate, corporate holdings, art objects and even personal goods, provides a rare...
Miller's troubles stem from events in the early 1970s, when he was president and then chairman of Textron Inc., a multibillion-dollar conglomerate. During his confirmation hearings, Miller declared flatly: "My company did not bribe anybody." In January, however, a lengthy SEC report charged that Bell Helicopter, a Textron division, had paid off a number of officials abroad, as it did in Iran, in order to obtain military contracts. Responding to this new evidence, Miller has adamantly maintained that he was innocent of perjury because he knew nothing of the bribes...
...months ago by an organization which has only existed three times that long, the demonstration brought to the foreground an area of women's rights which has seldom been confronted by the women's movement and often swept under the rug by other progressive groups. Pornography--a multibillion dollar underground industry with organized crime and international connections, which WAP claims eroticizes male humiliation of and violence towards women in the name of entertainment and sexual liberation...