Word: refloated
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Dates: during 1960-1969
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Under Kidder, Peabody's design to refloat Lebanon's most important bank, the airline, real estate and other holdings will all be spun off into a separate investment company. Large depositors, including the U.S. Agriculture Department's Commodity Credit Corp., which had $22 million in Intra as an export loan covering surplus crop shipments, will be paid off in stock in the new company. Investors with less than 250,000 Lebanese pounds (about $80,000) in the bank will be able to get half their money back within the next three years, will receive the other half...
...including that of ex-Chief Yusif Bedas, who is now in Brazil. Pending a decision on an appeal, Intra now looks to the legislature for a reprieve. A new law that is about to be introduced would, if passed, override the court decision, give the bank six months to refloat itself under new management-or be scuttled forever...
...novels (1932-34) by Charles Nordhoff and James Norman Hall, and a supercolossal saga of the sea (1935) starring Clark Gable as Fletcher Christian and Charles Laughton as Captain Bligh. In 1959, figuring that the public was ready to stretch its sea legs again, M-G-M decided to refloat The Bounty. So the wind blew and the fish flew, and by the time MGM's weary crew got back from Tahiti it had used up two directors (Carol Reed and Lewis Milestone), a dozen scriptwriters, one year and $18.5 million...