Word: standoffs
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Dates: during 1980-1989
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...still a standoff. The world is out to get Ronald Reagan's goat even in his last months as President. And Reagan is determined not to allow...
Depending on whom you ask, the Rev. Herman Fountain's Bethel Home for Children is either successful therapy for troubled youths or a Dickensian nightmare. Last week a bizarre standoff between Fountain and state officials climaxed when police raided his Lucedale, Miss., Baptist school and church, rounding up 72 children between the ages of ten and 17. Earlier, a state judge had ruled that the children had been subjected to "physical abuse, medical neglect and detention amounting to imprisonment," and ordered that the state department of public welfare take them into emergency custody...
...sites chosen for the coming standoff are two coastal strips centered on Puerto Escondido on the Pacific Coast and Huatuxco on the Caribbean. The bees, which are reluctant to fly higher than 3,000 ft., will be funneled into passes, where they will be trapped and killed or tricked into doing themselves in. The U.S. and Mexico are sharing the $6.3 million price tag for the two- year project...
...except for mostly symbolic gestures, neither is budging. Says George Ball, chairman of Prudential-Bache Securities: "It's almost like a game of chicken. Nobody wants to be the first to give in." Even the two separate federal regulatory agencies that oversee the markets are at a standoff. If any new safeguards need to be imposed, Congress may have to take the initiative by default...
Perhaps the hottest battlefront in the New York-Chicago conflict is between the New York Stock Exchange and the Chicago Merc, which trades the controversial S&P 500 index futures. Each side in the standoff is unwilling to make any major procedural changes for fear of losing turf. The New York exchange, which was slow in setting up its own financial-futures market, controls 10% of worldwide trading in such contracts; the Chicago exchanges' share is about 80%. Contends John Sandner, chairman of the Chicago Merc: "We were so successful that it caused everyone to want to take our success...