Word: rank
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Dates: during 1980-1989
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Last November he resigned under pressure as National Security Adviser. In early March he had to step down from the three-star rank of vice admiral to the two-star status of rear admiral when he became the Navy's director of long-term planning (a new three-star job would have required congressional confirmation, an impossibility now). Sometime in mid-June, he will face what, for a man of his reclusive temperament, might seem the worst ordeal of all: testifying before television cameras for the congressional select committees investigating Iranscam. And though he will be granted limited immunity, there...
...recent years many companies have protected their top executives with golden parachutes -- those infamously generous severance packages, sometimes running to millions of dollars, guaranteed in a hostile takeover. Now, more and more firms are offering similar, if more modest, payoffs to their rank and file who might lose their jobs in a takeover. Dubbed "tin parachutes," the payments sometimes reach 250% of an employee's annual salary. Webb Bassick, a partner at Hewitt Associates, a consulting firm, estimates that as many as 15% of all large public companies have such packages. Among them are Mobil, America West Airlines and Diamond...
...gambling business, the action in corporate boardrooms is almost as furious as it is at the craps tables. Real Estate Developer Donald Trump last week announced a $101 million acquisition of Resorts International. Resorts owns two Atlantic City, N.J., casinos, including the Taj Mahal, which will rank as the world's largest gambling hall when it is completed next year. When the merger is accomplished, Trump will control some 15% of Atlantic City's assessed real estate...
...different characters) is a language spoken by most people in the Indian subcontinent, and their descendants in all parts of the world so that it is now the second important language in Great Britain. In terms of the number of people speaking it, Urdu and its Hindustani/Hindi analogues rank third after Chinese and English. We should also mention that its literature, which goes back to the fourteenth century, is much vaster than American literature...
...much to relieve the tedium, although some of the songs are lively and short enough so that they don't have to. "Unlucky in Love," for example, doesn't say much of anything, but its sonic-boom noise and punk/polka rhythm make it great fun. Otherwise, the new Rank and File's hybrid of nasal vocals and buzzsaw guitars sound like uniform drone. Rank and File may catapult the band to MTV stardom (and Rhino Records out from the novelty and oldies bins in record stores), but such success will come at the expense of the band's more interesting...