Word: sales
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Dates: during 2000-2009
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...Most Geordies, though, remain anxious about the bank's future. In a last-ditch effort to avoid nationalization, the U.K. government on Monday hatched plans to convert into bonds the $50 billion Bank of England loan it used to prop up Northern Rock. That makes a private sale of the bank more likely: those interested in bidding before the February deadline - including a consortium led by Richard Branson's Virgin Group - will no longer need to front up for a big slice of that loan. The bank's battered shares climbed more than 40% on the news...
...drilling in the Chukchi Sea bordering Alaska, where one-fifth of the world's remaining polar bears live. Drilling - with the risk of spills and seismic damage - could further jeopardize the polar bear, and environmentalists consider it suspicious that FWS decided to delay its decision until after the lease sale. "It seems that every time there is a choice between extraction and extinction in this administration, extraction wins," said Rep. Ed Markey, the chairman of the House Select Committee on Energy Independence and Global Warming, at a hearing on the issue held Thursday...
Speaking at the hearing, MMS Director Randall Luthi defended the lease sale, arguing that developing fossil fuels in the Arctic needn't hurt the polar bear - although an Interior Department study indicates there's a 33% to 51% chance of an accidental oil spill in the area. At the conclusion of the hearing, Markey introduced legislation that would force the Bush Administration to protect the polar bear before it allows further oil drilling in Alaska, setting up a showdown later this month...
Harvard said this week that it had no plans to sell a graduate’s 99-acre gift to the Harvard Forest, after reports of a potential sale of the Hamilton, Mass., property drew concern from local environmentalists...
...London's Ritz hotel and the Daily Telegraph newspaper, have used the European Court of Human Rights to help overturn a local inheritance law requiring property to be left only to the oldest male heir and also the "treizième tax," which dedicated one-thirteenth of the sale price of property to the Seigneur...