Word: ran
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Dates: during 1980-1989
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...trip to the Middle East without informing the State Department. The second was in 1985, after Shultz publicly opposed a plan for widespread lie- detector testing of federal employees, a stand that estranged him from the intelligence community led by Casey. The final attempt came last August, when Shultz ran into White House roadblocks to his travel plans. But Reagan put the resignation in his desk and told Shultz, "Let's talk about it after you get back from vacation." The matter was dropped...
...aerospace contractors, it is the prize of the decade: a $17 billion U.S. space station the size of a football field. Thus when the bids for four major parts of the project arrived at NASA offices last week, the competition was weighty indeed. A typical bid package ran to nearly 20,000 pages, weighed three tons and filled scores of boxes. In one competition a consortium headed by Rockwell International and another led by McDonnell Douglas are battling for a $2 billion to $3 billion contract to build the space station's framework, air locks and guidance and communications systems...
...these entrepreneur-preachers have been hit hard, at least temporarily, by the PTL scandal. Swaggart says that in April and May he ran a $3 million deficit; the June gap was a little over $1 million. In June, Robertson's CBN reported $12 million in lost revenues for the three-month period ending in May and projects a $21 million shortfall through next March. The Roberts organization has admitted that monthly donations to the ministry dipped from $4.5 million to about $3 million in April and May. Falwell has reported a $4 million deficit in the wake of the scandals...
...mismanagement, which reached epic heights, or perhaps depths, at PTL. From a jury-rigged studio, which began broadcasting in 1974 from an old furniture store in Charlotte, Jim and Tammy Bakker had nurtured a Christian entertainment colossus. But the mountains of documents at PTL show that the ministry ran, almost literally, on a wing and a prayer. At one time the ministry spent employee retirement funds to pay operating expenses. PTL had no reliable internal audits, no checks and balances for financial accountability and often no receipts or other devices for keeping track of incoming and outgoing cash...
...compensation went to the Bakkers and top executives from the account during the first four months of 1987. Aide David Taggart received 1987 cash advances of $111,000 and bonuses of $225,000. Payments totaling $128,000 were made last year to James Taggart, brother of David, who ran an interior-decorating firm...