Word: spree
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Dates: during 1990-1999
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Ever since he started the Hearstian buying spree that made his News Corp. the world's most diverse media company, rivals have been waiting for Rupert Murdoch to overreach and fall. They mocked his ambition to become the first press lord to bestride three continents: Europe, North America and his native Australia, where his holdings account for 60% of total daily-newspaper circulation. They belittled his free-spending plunge into book publishing. They scoffed when he spent more than $2 billion for seven U.S. TV stations, plus a movie studio to provide programs, for his high-risk start...
Perez speaks from experience. During an earlier term as President he led his country on a giddy spending spree when oil revenues soared after the Yom Kippur War and the Arab embargo brought on the first oil shock in 1973. Venezuela squandered billions of petrodollars on luxury imports, high- visibility public works and a bloated state bureaucracy. When oil prices fell in the early 1980s, Venezuela retreated behind a wall of protectionism and a popular though inefficient system of price supports for local products...
...that Erik wrote about a young man who murders his very rich parents for their money. A home- computer disk thought to contain the father's revised will was mysteriously erased. Far from appearing crushed with grief, after the slayings the boys set off on a $700,000 shopping spree...
...public outrage about the city's record crime spree seemed to crystallize last week, and officials scrambled to respond with calls for more police. New York's Governor Mario Cuomo urged the city to hire 5,000 more officers immediately, returning the force close to the peak strength of 32,000 that it wielded in the early 1970s. "The time for exquisite analysis has passed," said Cuomo. "You have to produce the police...
Lima went on a wild shopping spree last week as nervous consumers cleared store shelves of essential products like rice and oil in anticipation of shortages and steep price increases. The hoarding made an inauspicious start for President Alberto Fujimori, who began his five-year term last week without delivering an expected recovery plan to reduce rampant underemployment and curb the country's 3,000% 1989 inflation rate...