Word: selling
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Dates: during 1980-1989
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Star Trek novels were never science fiction classics. They were designed to be quick, simple, action-packed adventures that would sell to story-starved fans with an insatiable appetite for anything alluding to the '60s series. Usually, the books were as clever and absorbing as the episodes...
Bass's really big payoff will come if he decides to sell the thrift. One source close to the deal says that a profitable American Savings might fetch Bass a tidy $1 billion or more. Bass could conceivably still lose money on the deal if his thrift were to suffer losses, but that is 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...
Instead of liquidating insolvent S & Ls, regulators decided it would be cheaper and more expedient to sell them to private investors or merge them with healthy thrifts. Bank Board Chairman M. Danny Wall sharply stepped up the tempo of such sales last year, selling or liquidating more than 200 thrifts at an estimated cost to the Government of $39 billion in tax breaks and other incentives extended to the buyers. Critics contend that the regulators were taken for a ride. Fumed Iowa's Leach: "The dealmakers are laughing all the way to the piggy bank." But Wall staunchly defends...
...makers are ready to try again, this time with improved technology and prices aimed at a broader consumer market. At the Photo Marketing Association's big annual trade show in Dallas this week, Sony and Canon will introduce a pair of palm-size, lightweight still-video cameras that will sell for less than $1,000. Each model can take and store up to 50 shots on erasable, reusable 2-in. floppy disks. When plugged into a television set, the new systems display images that are about as sharp as conventional TV pictures. They are expected to arrive in U.S. stores...
Suddenly a native walks over to you. He smiles. You smile. He says hello. You say hello. He offers to sell you 14 kilos of marijuana. You decline. He keeps smiling, says good-bye and walks away...