Word: staked
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Dates: during 1980-1989
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...states, an aggressive players' association, lucrative television deals and mobs of loyal fans. "Players used to party all night and wake up under a coffee table an hour before the game," remembers Jay Hanseth, 37, a 19-year veteran player. Now, he says, "there's so much money at stake, players take it very seriously...
...medical care, to take on a $150 deductible for hospitalization and an additional $200 deductible for any treatment outside a prescribed network of doctors and hospitals. "The whole idea is to make consumers thoughtful buyers and to stop rising health-care costs by asking them to put something at stake," says Bell Atlantic spokesman Kenneth Pitt...
...another bid for United emerges, stock speculators wonder, will Davis raise the ante or once again take his stock profits and move on (he is believed to hold a 3.5% stake in the company)? Back at Horace Mann High School in the Bronx, Davis' classmates said the pugnacious youth could -- and would -- argue any side of an issue. Even now he may be mulling his next daring move over a nice hot pastrami sandwich in Beverly Hills...
...teaching government at Harvard, Porter wrote Presidential Decision Making, a book describing a system in which the President designates "honest brokers." These senior aides, unlike Cabinet officers, are not wedded to particular policies or constituencies. The broker's job is to elicit advice from each department that has a stake in a decision. The broker then helps distill the main arguments and options for the President, who ultimately hears a few senior advisers debate head to head...
FRUEHAUF. The company's troubles began after takeover artist Asher Edelman launched a $1 billion hostile bid. Following the advice of Merrill Lynch, Fruehauf acquired Edelman's 10% stake at a profit to the raider of $120 million. Some 70 Fruehauf executives then joined forces in a leveraged buyout. But when the trailer division slumped in 1987 as cost-conscious truckers cut back on new orders, Fruehauf had to strain to meet interest payments, which had climbed to $101 million a year. As other divisions faltered, Fruehauf embarked on desperate cost-cutting moves and fire sales that have hollowed...