Word: sales
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Dates: during 1980-1989
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...almost an impossibility because it has been cleansed of its failing assets. Since FSLIC shoulders almost all the risk, the better Bass does, the less the deal will cost the Government. "We hope he makes a lot of money," says Bank Board member Roger Martin, who negotiated the sale. "We want him to be a success, because we don't want the company back...
...Bush announcement, the Government agency took charge of four insolvent S & Ls and three days later assumed control of six more. The agency intends to take over the 224 most hopelessly insolvent S & Ls within the next month. The FDIC also decided to freeze temporarily all negotiations for the sale of ailing thrifts. Last year the FSLIC completed a flurry of deals -- 34 in December alone -- in an effort to offer investors tax breaks that expired on Dec. 31. Because of the rich payoffs guaranteed to investors in those deals, they were highly controversial. Said L. William Seidman, chairman...
...course, the whole commercialism of the holiday is pretty disgusting, too. Even ignoring the fact that Valentine's Day will cost any self-respecting boyfriend or girlfriend upwards of $30 (roses are expensive, you know), the thought of the K-Mart Valentine's Day sale seems about as appropriate as wearing a tie-die shirt to a funeral...
...Harvard Athletic Ticket office announced today that there may be extra beanpot tickets on sale on Monday...
...Castro Valley, Calif., Dick Bash, owner of a store named Combat Arms, reports that he is overwhelmed by demand, largely from gun fanciers who fear that the Purdy massacre might at last prod legislators into taking some serious steps to control the sale of guns. Says he: "There is an arms race on, all right. People are rushing to buy guns before the government takes them away...