Word: recoups
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...with 18 years seniority at the Clark Avenue Cadillac plant: "I want a raise. I'd vote down anything less than getting back our 3% a year." Rallying under the slogan "restore and more in '84," workers like Lankford have maintained that the union should not only recoup concessions made in its 1982 contract with GM at the depth of the auto industry's troubles but also win additional benefits. That year, U.A.W. leaders predicted the contract with GM would pass comfortably, only to see it scrape...
Federal regulators, who have been forced to pump loans worth more than $2 billion into F.C.A. since July to offset withdrawals by jittery depositors, are angry about the parting payment and are said to be pressing F.C.A.'s board to recoup the cash. That, however, will not be easy. Knapp arranged for the $2 million to be deposited in a foreign account. The money is probably beyond the Breach of U.S. authorities and F.C.A. share; holders. While Government regulators back home seek new ways to keep F.C.A. afloat, notably by backing the company's plan to sell...
...employees, which could then be declared bankrupt. Federal officials believe that the down-sized bank, relieved of troubled loans to debtors ranging from oil drillers to Brazil, could regain public confidence and earn a profit. Then, at some future time, the FDIC might be able to sell Continental and recoup some of its investment...
...current income tax, and the tax rate for the bottom income brackets would be lower. The estate and gift tax would be restored to check the growth of dynastic wealth. Americans would thus be encouraged to save and invest during their lifetimes, and the Government would at their death recoup some of the taxes forgone...
...Reagan Administration wants to close some tax-law loopholes to recoup $12 billion over the next three years. But since all deductions have strong and vocal constituents, that plan could prove as difficult to achieve as any other revenue-raising scheme. -By John S. DeMott. Reportedby Jay Branegan/Washington