Word: siphon
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Dates: during 1990-1999
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...spokesman for Renewal, a society devoted to returning Germans to the Volga, authorities in the Saratov area along the Volga River have publicly denounced would-be German returnees as "fascists." Says Grout: "There is no soap, milk, sausage or order here, and this ((name-calling)) is a channel to siphon off resentment...
...prices of such securities plunging to 50% or less of their face value since last fall. Stuck with more than $1 billion in devaluing junk, Drexel's credit rating began sliding, and its banks cut off credit two weeks ago. The parent company, starved for cash, began to siphon money from the investment firm's coffers until Government regulators halted that maneuver. After a frantic search for a bank bailout or a merger partner, directors of Drexel Burnham Lambert Group agreed to put the company into bankruptcy proceedings...