Word: spotting
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Dates: during 1980-1989
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...continuous reading of traffic speed and volume. When a highway becomes clogged, controllers can adjust the timing of stoplights on the on-ramps to reduce the flow of vehicles. In Virginia traffic supervisors use remote TV cameras installed along stretches of I-66 and I-395 to spot breakdowns, to which they immediately dispatch tow trucks that dispense free gasoline if a motorist needs it. Chicago's highway authority operates a huge mobile crane, dubbed Mad Max, that can lift up to 60 tons, and has moved obstacles ranging from semitrailers to a 500-lb. runaway...
From 1982 to 1987, the FDIC, which collects premiums from member banks and insures deposits up to $100,000, shut down or bailed out 600 banks at a cost of $9.99 billion. By far the worst trouble spot is Texas, where the woes of the oil and real estate industries have caused 192 banks to fail since 1982. The First RepublicBank case almost guarantees that the FDIC will operate at a loss this year for the first time in its history. Its reserves now stand at $15.8 billion, down from $18.3 billion in January, and the fund is likely...
...runs a satirical ad for a law-school deanship, concocted by New York University Law Professor Stephen Gillers, who, like many another legal scholar, had no interest in the recently vacant dean's spot at his university. Over the past four years, 125 of the 174 law schools accredited by the American Bar Association, including Chicago, Georgetown and Harvard, have had to search for new deans. Once the capstone of a legal career, the post is now a revolving door, says James P. White, consultant on legal education to the A.B.A. "Twenty years ago, it was not uncommon...
...beginning this summer's pilgrimage, Turnberry on the west coast seems a happy spot, being so convenient to Glasgow. The course fairly floats in midair over the Firth of Clyde, much the way Pebble Beach overlooks the Pacific Ocean, including the crashing surf and even the barking seals. Turnberry's open spaces are generous, and the heavy work is yet to come: the hands ringing in the heather and the hands wringing over the gorse. Scottish golf is a bouncier brand, played as much on the ground as in the air, and only when the putts are rolling well does...
...prepare for the hectic Feast of the Assumption weekend that ended last Monday, French officials advised local authorities of their power to suspend the licenses of reckless drivers on the spot. A magistrate in one high- accident district promptly seized four licenses in less than 45 minutes. Zealous public servants suspended more than 2,000 licenses during the three- day holiday...