Word: nine
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Dates: during 1980-1989
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...loans and rising competition are choking the profits of America's 14,300 banks, killing hundreds of small institutions and stunting the growth of larger ones. Earlier this month federal regulators closed nine insolvent banks in a single day; during all of 1987 they expect to shut down nearly 200, a post-Depression record. Says L. William Seidman, chairman of the Federal Deposit Insurance Corporation (FDIC): "The banking industry will have its worst year since...
Sharon Batts is an unlikely candidate for pop stardom. But at age nine the brown-eyed third-grader from the Fort Worth suburb of Bedford has successfully bypassed the music-industry moguls with a hit single about a subject few would pick for Top 40 playlists. "Dear Mr. Jesus,/ I just had to write to you," Sharon's tinny voice sings plaintively. "Something really scared me/ when I saw it on the news./ A story about a little girl/ beaten black and blue." After imploring Jesus to come to the rescue of abused children, the song concludes, "Dear Mr. Jesus...
...shock. Efforts foundered to forge a united opposition to the three-man provisional government headed by Lieut. General Henri Namphy. The four leading presidential candidates supported calls for general strikes last week, but their goals initially differed. Some aimed to dissolve the government, while others demanded reinstatement of a nine-member independent electoral council disbanded by Namphy. By week's end all four agreed to call on the junta to resign. Meanwhile, many Haitians worried about the adverse financial consequences of a protracted strike. The result: two days of spotty protests that were in stark contrast to last June...
...store demonstration of Panasonic's new "picture in picture" VCR system, which lets viewers watch two or more programs on the same TV screen. As a salesman tapped on a remote control, new stations began appearing, one at a time, until the screen was filled with nine equal-size panels, each showing a different channel. "My mouth dropped," says Minskoff. "It totally blew me away...
...Soviet leader invited several groups of influential Americans to the Soviet embassy to push his case for arms reductions, world peace and his internal reforms. By far the most important of these meetings was with nine congressional leaders, including four of the Senators who will ultimately decide whether to ratify the INF treaty. Most of the legislators came out of the 90-minute meeting impressed by Gorbachev's intelligence, candor and optimism. But many of them let the General Secretary know that some positive Soviet actions were necessary to improve relations. Senate Majority Leader Robert Byrd, a West Virginia Democrat...