Word: sawing
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Dates: during 1980-1989
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Pickens' foray drew flak from Tokyo investors, who saw the move as an attempt to elicit greenmail -- the money that a company pays raiders when it buys back their shares at a costly premium. The Japanese government is investigating whether Pickens ambushed Koito by teaming up with secret partners who unethically bought shares for him under their own names...
...company. Reason: most of Koito's shares lie firmly in the hands of corporate allies who rarely sell their holdings. Since Japanese companies are not allowed to own their own stock, Pickens might try to sell his stake to one of Koito's allies. The Texan claims he simply saw Koito as a company with potential for improvement. Says he: "We want to work with Koito. New blood often helps...
...Justice William Rehnquist conceded - that Sokolow's behavior could have been "consistent with innocent travel." But "taken together," his actions elicited "reasonable suspicion." Concluded Rehnquist: "The fact that these factors may be set forth in a 'profile' does not somehow detract from their evidentiary significance." Dissenting Justice Thurgood Marshall saw things quite differently. An agent's "reflexive reliance" on a profile, he wrote, is likely to subject "innocent individuals to unwarranted police harassment." Drug-enforcement agencies, including the U.S. Customs Service, insist that drug profiles are meant only to inform and advise agents and that actual arrests depend...
...which the French are noisily celebrating the 200th anniversary this summer -- was hardly a storming at all. The outnumbered and ill-supplied defenders (whose oppressed prisoners consisted of just two lunatics, four forgers and one aristocratic ne'er-do-well put away by his family) finally surrendered when they saw themselves confronting the rioters' artillery, which included a silver-inlaid cannon originally given to France by the King of Siam. And the commandant of the Bastille, who had tried to avoid further bloodshed, was subsequently hacked to death, his head stuck on a pike and paraded through the streets...
...Outgoing Kennedy School Dean Graham T. Allison '62, on the presidential election last November that saw President Bush defeat former K-School lecturer Michael S. Dukakis...