Word: sprang
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...experts are divided over whether they will be higher than in 1975. Despite the write-offs so far, banks have a huge backlog of dubious loans still carried on their books. The biggest losses are coming on loans to real estate investment trusts-companies that sprang up in the 1960s to get in on the building boom by financing builders of shopping centers, apartments and other commercial projects. Many banks, including Chase, organized their own REITS-a move that now seems to have been most unwise. As demand for commercial construction collapsed, many builders and property owners were forced into...
Angry Ford. Under a 1974 measure requiring the CIA to tell Congress about its covert operations, Colby briefed six separate House and Senate committees in December about the agency's plans for Italy. The leak sprang quickly. On Dec. 26, the McClatchy newspaper chain in California reported part of the story, which attracted no attention. Following their own leads, the New York Times and the Washington Post published more detailed versions last week. President Ford authorized Press Secretary Ron Nessen to describe him as "angry" about the leak...
...have turned to it as an experience of epiphany. In repeated references in the Bible and in ancient Greek myth, handball appears as a rooting, elemental experience, the ultimate symbol of man's ties to the soil (the first handballs were, of course, balls of mud) from which he sprang. Squash, we might...
...week, Rosa Parks boarded a bus in Montgomery, Ala. "My only concern," she recalls, "was to get home after a hard day's work." When the driver ordered her to give up her seat to a white who was standing, she refused. From that spontaneous act of defiance sprang the boy cott of the Montgomery bus system, the leadership of Martin Luther King and, it can be said, the civil rights movement...
...language seemed innocuous enough: "Equality of rights under law shall not be denied or abridged on account of sex." But in recent months, ad hoc groups of traditionalist women sprang up in New York and New Jersey to denounce the proposed state equal rights amendments as antimarriage, anti-family and likely to lead to unisex toilets. Pamphlets emblazoned with the inevitable picture of the gaping shark from Jaws warned that equal rights for women could mean the "ruination of America," and lead to homosexual marriages, loss of widows' benefits and the mass drafting of women into the U.S. armed...