Word: schemed
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Dates: during 1980-1989
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...final installment of his fiction trilogy, Professor of Law Derrick Bell devises a scheme to blow up the Harvard Coop when it won't invite him to hold a book-signing/wine and brie party there. Bell is awarded a $10 million contract by Paramount Pictures to turn the episode into a screenplay...
Would he really attack inflation, high interest rates and unemployment? Reagan rammed through Congress his radical tax-reduction scheme and some curbs on domestic spending. Just as important, he supported the harsh restraints already being applied by the Federal Reserve Board under Paul Volcker. Inflation succumbed, at last, to the thumbscrew treatment after Reagan waited out the most severe recession since the 1930s. This painful therapy, together with the borrowing binge required to finance the budget and trade deficits, produced the economic expansion now in its seventh year. Today, with unemployment at a 14-year low of 5.3% and inflation...
...charges focused on William Parkin and Fred Lackner, both private defense consultants, and Stuart E. Berlin, former head of the Navy's ship- engineering section at the Space and Naval Warfare Systems Command. Court papers describe a scheme in which California's Teledyne Industries paid Parkin and Lackner to obtain confidential information about Government procurement plans for a system to identify military aircraft. They in turn bribed Berlin to turn over the information. Parkin was also charged with paying Berlin to help New York's Hazeltine Corp. win a contract for a radar test device. Hazeltine...
Perhaps the most unusual proposal to date comes from a Peruvian economist, who has suggested swapping debt for the creation of an antidrug fund. Under the scheme, debts held by overseas commercial banks would be handed over to the central bank of the debtor. The commercial banks would be able to write off the debt as a loss and donation for tax purposes, while the debtor country would put a percentage of the debt into a local currency deposit. The interest would be directed into an antidrug fund for financing crop substitution and other development projects in areas where cocaine...
...stock scheme has rocked the government of Prime Minister Noboru Takeshita. Though he has not been directly implicated, his approval rating plunged in December to less than 30%, the lowest level in his 14 months in office. The scandal seemed to magnify public displeasure with Takeshita's sweeping tax-reform bill, including a 3% national consumption tax, which he pushed through the Diet, Japan's parliament, in December...