Word: oiling
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Dates: during 1980-1989
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...supposed to supplant "real" products, are not quite as palatable and problem free as once thought. Imitation meats, for example, are marketed as low in cholesterol and calories, but they tend to be extravagantly high in salt. Many nondairy creamers are touted as cholesterol free, though they contain coconut oil, a highly saturated...
...specialize in buying and selling low-priced stocks and bonds issued by companies that have filed for bankruptcy protection or are perilously close to taking that step. This dishonor roll ranges from such well-known hard-luck cases as Texaco, Manville and LTV to obscure ailing firms like Crystal Oil...
...financial information that surfaces in court papers. Even firms that may never emerge from bankruptcy are worth a look, he says, if the value of their / assets is not fully reflected in the price of their securities. Earlier this year, Bennett decided that bonds issued by Louisiana's Crystal Oil, a Shreveport-based company in bankruptcy, were worth more than 4 cents per dollar of face value. Four months after he recommended the bonds, the price jumped to 16 cents...
...absurd. It's ridiculous. It's hard to believe." With those words, Senator Robert Dole of Kansas last week voiced his indignation over the news that the U.S. imported some $700 million in Iranian oil during the summer. In response, the minority leader sponsored a bill to ban all imports from Iran, which passed the Senate the next day, 98 to 0. Said Dole: "It's time to end this absurdity...
...Brandeis University, the six-term Congressman blasted the nation's current Middle Eastern policy, which has sent U.S. warships into the wartorn region to protect international shipping lanes. "If I am [elected] president, I am not going to send our troops to the Persian Gulf when we are buying oil from the country that threatens...