Word: raiding
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Dates: during 1980-1989
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...gold and 15 tons of merchandise, mostly small shipments of videocassette recorders, lawn chairs, cameras and even a video-game system. The intended destination: Viet Nam, which since 1975 has been on the U.S. embargo list for all but humanitarian goods. Yet no one was arrested. The raid, said a Customs spokesman, was meant only to "send a message to those who would blatantly violate...
...million bottles of its Newcastle Brown Ale with the labels printed upside down. "It's a symbolic way of saying hands off, thumbs down, keep away," explains managing director David Stephenson. S & N executives hope that publicity about the campaign will persuade the British government to stop the raid by Elders, which has bought up 11% of the Scotland brewery's stock...
...Curb corporate raiding. Dukakis has latched on to an important issue, but he is wrong to talk as if all mergers and acquisitions are equally bad. Friendly combinations may improve U.S. competitiveness. The more disturbing deals are the hundreds of hostile takeovers carried out by raiders financed with junk bonds. No wonder corporate executives focus on short-term profits and their companies' stock prices if they constantly have to look over their shoulders for a raider. Even worse, hostile takeovers often saddle the target companies with huge debts that make them weaker than they were before the raid. The solution...
Still, Sasso has his moments in this dizzying game of parry-and-thrust politics. Last Thursday, for example, the Bush campaign plotted a lightning raid on Boston, where the Vice President would dramatize his law-and-order thematics by accepting the endorsement of a Republican-leaning police union. This was a classic maneuver of Baker's and his operations officer, campaign manager Lee Atwater, a tactical gambit to keep his opponent off balance on the eve of the presidential debate. Earlier this month, the Bush armada had sailed unmolested into Boston harbor and excoriated Dukakis over its polluted waters. This...
Confiscated in a drug raid on Maui, Hawaii, three years ago, the handmade map with hieroglyphic scrawls looked like something out of Treasure Island. Once Drug Enforcement Administration agents deciphered it, however, the map and subsequent tips led to treasures beyond the dreams of Long John Silver. Investigators turned up 982 rare gold coins buried in hard-to-reach holes from Hawaii to Colorado. Officials expect the coins to bring $2 million or more in auctions that begin next week in Long Beach, Calif...