Word: restoree
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The agreement, largest of its kind to date, requires 2,200 insurers to provide the funds needed to restore the full value of policies and annuities held by customers of Executive Life, up to $100,000. About 95% of Executive's policyholders fall into that category. Those with policies valued...
When billionaire financier Warren Buffett announced he was assuming the chairmanship of Salomon Brothers on an interim basis last week, he stepped into a morass that threatened to grow worse for the 81-year-old Wall Street firm before it got better. In fact, Buffett's salvage job began even...
In short, the use of genetic engineering and test animals, practices decried by the more fanatic critics of science, has provided a means by which Alzheimer's disease could be controlled or even cured. More aggressive promotion of this kind of news would certainly enhance the image of researchers, help...
The departure of Clifford, a venerated Democratic Party elder, and bank president Robert Altman, who also resigned, came after intense prodding by the Federal Reserve Board. The regulators have been seeking to restore public confidence in First American (assets: $11 billion), which has been plagued by troubled real estate loans...
Perhaps the most controversial change is the decision to permit more extensive "mitigation banking," which requires landowners to restore lost wetlands or create new ones in exchange for destroying an existing site. Critics charge that there is no scientific body of evidence to prove that man- made wetlands are a...