Word: ores
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Dates: during 1980-1989
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Sally van Winkle Rohne Astoria, Ore...
...Technology: "A threat to the soundness of our private banking system is an economic nightmare." So far this year, 71 banks have collapsed, compared with 48 in all of 1983 and only ten in 1981. The latest failure was the First American Banking Co. (assets: $22.7 million) of Pendleton, Ore., whose office reopened last week as a branch of a competitor from a neighboring town. Government regulators have put more than 800 of the 15,000 U.S. banks on their "problem list." Officials keep the names on the list a secret to avoid alarming depositors and aggravating the situation...
...Salem, Ore...
...unions hope for a payoff next time ore than a year ago, the 13.7 million-member AFL-CIO took the unprecedented step of endorsing a Democratic presidential candidate, Walter Mondale, before a single caucus or primary had been held. The goal: to establish labor early on as the decisive element in the Democrats' bid for the White House. "If we do not do what we propose to do, we shall be reviled as toothless and irrelevant," said AFL-CIO President Lane Kirkland at the time. "If we succeed, we shall be condemned for daring to aspire to a share...
...wounds and lost much of his left buttock when a shark mauled him in the waters north of San Francisco. Surfer Bob Rice, 25, watched in horror as a 12-ft. carnivore clamped down on the front of his surfboard before swimming away in the waves off Cape Kiwanda, Ore. Says he: "It missed my hips by about four inches...