Word: plunger
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Dates: during 1980-1989
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...major conflict was over financing. The father was cautious, the son a plunger. Says Ingersoll: "He was still thinking in hundreds of thousands when I was thinking in millions. He never really understood the fungibility of debt and equity." Later, capital for some deals was assembled by indicted Drexel junk-bond financier Michael Milken, whom Ingersoll regards as a close friend. Says media analyst John Morton of Lynch Jones & Ryan in Washington: "From all we can learn, the company is healthy, although heavily leveraged. The small papers are cash cows. I admire him for taking this risky venture...
...approximately 10:20 p.m., a plunger was depressed and the cache detonated. Soon after, a Japanese patrol checking the site reported that it had been fired upon by Chinese troops, even though the local warlord, an ally of China's Generalissimo Chiang Kai-shek, had kept his soldiers in their barracks to avoid clashes. At 11:30 p.m., Japan's Manchuria-based Kwantung army began attacking Chinese positions. By dawn they were joined by planes from the imperial colony of Korea. Quickly, Mukden was effectively under the empire's control. In the following months, the resource-rich region, more than...
...character for Gipp to want to get $500 down on the streptococci. Myths, legends and lies are the beams and girders of games, but isn't it a bit much the way the country has been getting ready to be appalled by Pete Rose? O.K., he's a plunger. Everyone knows gambling pervades sports. It pervades life...
...York, the time you turned up the radio and cut loose somewhere out on I-80 east. Except that now people do it onstage. Some of them actually make money at it, with friends filling in on air guitar or blowing a mean sax solo on a toilet-bowl plunger. And other people come out to watch...
Harvard is the biggest plunger, having handed $50 million to a Houston- based consortium. The backers insist that putting money into drilling is a brainy idea, even though energy prices are in the doldrums. Insists Scott Sperling, a partner in Harvard's investment unit: "We're getting in near the bottom...