Word: planned
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Dates: during 1980-1989
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...Rumor had it that certain members of the billionaire Bass family of Fort Worth might take a large friendly stake in the company, as they did to protect the Walt Disney Co. from a raid several years ago. Or Crandall might borrow money to create an Employee Stock Ownership Plan to achieve the same goal...
...craven standards of Capitol Hill, it was striking when the House voted 360 to 66 last week to rescind the Medicare catastrophic health-insurance program that it had lopsidedly approved amid a self-congratulatory frenzy just last year. The Senate showed enough moxie to save fragments of the plan, but it too voted to kill a special income-tax surcharge (up to $800) that would have been levied solely on the affluent elderly to help fund the program...
...trying to do was "get the wheel moving," Mubarak said, when he drew up a ten-point plan for opening a dialogue between Israelis and Palestinians on the future of the West Bank and the Gaza Strip. Mubarak's ideas, explained Secretary of State James Baker, are not competing with but are "complementary" to the peace proposal Israeli Prime Minister Yitzhak Shamir put forward last May, which calls for elections in the occupied territories. "We don't think we'll get to peace until we have Palestinians and Israelis speaking to each other," said Baker...
...immediate question at the center of this public diplomacy was whether the Israelis would accept Mubarak's invitation to a conference in Cairo to get the peace process going. Shamir's election plan was limited to begin with, then hedged with such stiff conditions -- excluding Arabs in East Jerusalem from the vote, for example -- that it made no headway with the Palestinians. Many in Israel were just as glad...
Mubarak in effect redrafted the plan to take the sharper edges off both sides' objections. The U.S. backed the idea, and the P.L.O. did not torpedo it. While the Palestinian leadership has little faith that the plan will work, it does not want to bear responsibility for a failure. Faced with following through on its own official policy, the Israeli government fell to arguing with itself. Labor embraced Mubarak's proposal, while Shamir's Likud opposed large chunks of the plan. Two days of hot debate in the twelve-member Inner Cabinet last week produced a tie vote: de facto...