Word: redesignated
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Dates: during 1990-1999
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...NOTE, AS IT USED TO BE CALLED in Raymond Chandler novels, will never be the same. To frustrate counterfeiters, the Treasury Department has given the $100 bill a complete overhaul, and will begin releasing the new currency in a matter of weeks. Treasury spent nearly 10 years on the redesign and has added any number of state-of-the-art features: microprinting, color-shifting ink, a polymer security thread. The most striking alteration, however, is the enlargement of Benjamin Franklin's portrait: he now dominates the bill like a movie star in a newspaper advertisement...
...going to extraordinary lengths to reassure Russians that they have nothing to fear from the redesign. The Treasury Department has posted explanatory flyers in Russian in Moscow and set up an information hot line, which is receiving up to 150 calls a day. The department has even run focus groups to assess Russian reactions to the new bill. The U.S. wants to head off any event that might destabilize Russia. In 1990, when a slightly modified $100 bill was issued, the General Accounting Office severely criticized Treasury for failing to educate the Russian public properly. Officials also fear any perception...
Sewer work is planned for the intersections in the future, and Harvard may use this opportunity to redesign the intersections, Band said...
...sales are down in the car division, and only their truck division continues to do well." Expect just the opposite when Ford's earnings are released Wednesday, McWhirter says. "Their truck division is setting new sales records, but their earnings should be way down." One reason: the expensive redesign of the Taurus, the company's flagship car, produced an auto that many admired but few wanted to pay for. "The new Taurus is one of the best cars in its class ever made. But the large increase in price was simply too much of a jump for consumers, so they...
Moving to assuage panic about the redesign of the $100 note, a U.S. Treasury Department spokesman held a news conference--in Moscow. Jittery Russian savers, oft burned by the unstable ruble and corrupt banks, hold $15 billion in U.S. cash, most in $100 bills, and up to $200 million in greenbacks is flown to Russia daily to meet demand. Despite U.S. assurance that old notes will be valid "forever," Russians are expected to race to exchange their old notes as soon as the new ones are released next month...