Word: spills
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Dates: during 1990-1999
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...stuck with more than $1 billion in troubled mortgages, and the industry as a whole owns $60 billion worth of junk bonds. Compounding concerns is the fact that 1989 was one of the costliest years for accidents: tens of billions in claims are being processed after the Exxon oil spill, Hurricane Hugo and the San Francisco earthquake. Unlike savings institutions, insurance companies are not federally regulated or guaranteed. Some in Congress think it's time to intervene...
...aftermath of the Exxon Valdez oil spill last March, Captain Joseph Hazelwood was widely viewed as America's Environmental Enemy No. 1. As the dimensions of the catastrophe in Prince William Sound came into focus, people had little trouble deciding where their sympathies lay: with the seabirds and otters suffering and dying in the oil-laden waters, not with the hard-drinking skipper who was in his cabin doing paperwork when his tanker plowed into Bligh Reef...
...most serious charges stemming from the accident. After almost eight weeks and a dizzying parade of witnesses, the prosecution managed to win a conviction on only a relatively insignificant misdemeanor charge: negligent discharge of oil. Judge Karl Johnstone, miffed that Hazelwood had never apologized for his role in the spill, sentenced him to 1,000 hours of cleanup labor and $50,000 restitution to the state, but suspended a 90-day jail sentence and a $1,000 fine. His lawyers vowed to appeal. Had the defrocked skipper been found guilty on all charges, which included a felony count of criminal...
...close down your East Coast refinery? After all, the recent spill of 5,000 gallons was cleaned up very quickly...
...interviews with parents, teachers and day-care providers, Carlsson-Paige and Levin found that the strong-arm tactics of the Transformers, He-Man, G.I. Joe and other cartoon characters spill over into real life. Kids imitate the aggressive behavior without always realizing that they may hurt their playmates. In the cartoons and video games used as models, there is a lot of punching and shooting but very little emphasis on the pain such actions can cause. Thus children lose touch with the consequences of violence. And when they do hurt someone else in their imitative battles, they may not accept...