Word: propping
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...frantic support operation was going on in Washington last week, but it may not be enough to prop up a large part of the $1.1 trillion U.S. thrift industry. By a 402-to-6 vote, the House of Representatives approved a $5 billion cash infusion for the Federal Savings and Loan Insurance Corporation, backstop for the country's 3,200 federally insured savings and loan associations. That would almost, but not quite, bring the FSLIC back to being merely broke; last year the fund was $6 billion in the red by normal accounting methods. Normal accounting, however, has long since...
...Adler theater and six hours out of the Coronado in Rockford, Ill., the crew bus sits at curbside in Peoria, a black bomb emitting oily blue smoke. The bus shudders intermittently as crew members wake and drop down out of their bunks. It shudders three times for Joe Burns, prop master: when he sits up and bangs his forehead on the bottom of the overhead bunk, when he flops back again on his pillow and, finally, when he throws aside the packing blanket and rolls...
...pack played awesome," said loose-head prop Jon Diorio. "They are a really big team, and they were thinking they would really kill us, but we pushed them all over the field...
...fuss over Fujitsu's marriage proposal was colored by wider U.S.-Japanese trade concerns. Schlumberger, the French oil-services conglomerate that bought Fairchild in 1979, had spent $1.5 billion to prop up its subsidiary (estimated 1986 sales: $500 million). No national-security alarms were sounded over Schlumberger's control of the semiconductor firm, which, among other things, provides components for U.S. supercomputers and ballistic-missile systems...
...Portuguese government had other ideas. Anxious to prop up its shaky , domestic arms industry, Portugal has lifted all strictures against arms sales to Iran or its enemy Iraq. Insisting that Gretl's shipment was legal and should be delivered to Iran, the Lisbon government refused to let Gretl's crew dump its high-explosive cargo back on Portuguese docks. Ever since, the ship and its hapless crew have been condemned to their Iberian shuttle, at a cost of roughly $10,000 a day, while the West German shipper, the Danish charterer and the governments involved try to untangle the mess...