Word: rammed
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Significantly, 18 of the traders were charged under the often criticized Racketeer Influenced and Corrupt Organizations Act. Originally passed by Congress in 1970 to combat organized crime, RICO is increasingly being used as a battering ram against the clubby defenses of financial institutions. Because it allows prosecutors to seize all assets -- including homes, salaries and pensions -- of those indicted, many people facing a RICO count offer to inform on their former colleagues in exchange for leniency. Last week Anton Valukas, the U.S. Attorney who supervised the 2 1/2-year probe, advised both Chicago exchanges that if the RICO-charged traders...
...this Heather is dead, though she does reappear in a dream to whine that "my afterlife is so boring! If I have to sing Kum Ba Yah one more time . . ." Then J.D. dispatches two boorish jocks who bugged Veronica. No loss, he shrugs: "Football season is over. Kurt and Ram had nothing to offer the school but date rape and AIDS jokes...
...Mayor isn't one of the most eloquent guys around. One Temple University communications professor claims that Rizzo "murders the English language." Rizzo punctuates his show with lots of South Philly "Yos," and the 68-year-old has little problem using his loud voice to over-power callers and ram his points home. Often he sounds like he'd silence his critics with a night stick if he had the chance...
...dares ram through a confirmation unless Tower, 63, can decisively dispel rumors of drinking and womanizing that have dogged him for years. Last week those charges arose at the next-to-last moment to haunt him yet again. The Armed Services Committee had scheduled a vote for Thursday that looked certain to be affirmative and to pave the way for confirmation by the full Senate. That morning, however, Committee Chairman Sam Nunn of Georgia and ranking Republican John Warner of Virginia agreed to put off the vote indefinitely. Their explanation: new allegations serious enough to demand a check...
Through price cutting, the Japanese and Koreans have virtually pushed U.S. semiconductor manufacturers out of the market for the dynamic random-access memory chip, or D-RAM, which serves as the electronic memory in thousands of devices, ranging from personal computers to toasters. Surging production of such products in the U.S. has caused a chip shortage that the Asian manufacturers have been able to exploit. During the first half of this year, Japanese companies shipped $978 million worth of semiconductors to the U.S., a 44% increase over the same period last year...