Word: runaways
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...company sought protection under Chapter 11, no one expected the investment firm to rise from the ashes. In an industry that operates on trust and good faith, Drexel had exhausted its reserves. The move meant that Drexel, whose financial wizardry reshaped corporate America and ushered in an age of runaway debt and excess, will swiftly liquidate its business. The 152-year-old titan -- with 5,300 employees and $3.6 billion in assets -- will vanish almost overnight in the biggest failure in Wall Street history...
...freemen and runaway slaves of the 54th Massachusetts Infantry regiment were not given anything in 1863: certainly not victory. The blacks of the 54th were actual men who died actual deaths in a redemptive violence that they sought. The lesson that Glory teaches -- and it is finding an audience -- is this: it was not the Great White Paternalist alone who freed the slaves and made them American citizens. It was also blacks who freed themselves. These were the blacks who enlisted, trained, suffered, endured condescension and insult, disciplined themselves, fought for the right to fight and the opportunity...
...thousands of runaway teenagers in New York City and other urban areas, Covenant House is the home that compassion built. Now the man who founded the nation's most successful program for runaways is himself in need of compassion. Father Bruce Ritter, 61, the energetic Franciscan who built Covenant House largely on the basis of his own charisma, has been accused by four young men of having sexual relationships with them while they were under his care...
...time all those forces were pushed back or negotiated away, the Soviets' hastily nationalized and collectivized economy was a shambles. By 1920 industrial production had dropped to about 15% of the prewar level; runaway inflation had made the ruble nearly worthless; foreign trade had plummeted to almost zero. Peasants whose crops were requisitioned for the cities began hiding their harvests or not harvesting at all, and in 1921 famine killed uncounted millions...
...Former President Reagan invokes Executive privilege to avoid revealing his personal diary in John Poindexter's Iran-contra trial. -- Father Bruce Ritter, founder of the nation's best program for runaway teenagers, is forced to step aside...