Word: steel
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Dates: during 1980-1989
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GDANSK, Poland--Riot squads stormed a strikebound steel mill in southern Poland yesterday and crushed a 10-day-old strike, and thousands of police surrounded a Gdansk shipyard in a tense standoff with defiant strikers...
Earlier, about 3000 people marched a half-mile from a Roman Catholic church in Nowa Huta toward the steel mill but followed police orders to disperse...
Solidarity founder Lech Walesa, speaking outside St. Brygida's Catholic Church in Gdansk, told about 6000 supporters that the time had come for them to take a stand in support of the striking steel workers...
During their recent efforts to stampede state legislatures into enacting anti-takeover laws, businesses like USX (formerly US Steel) have piously invoked their "attachments" and "responsibilities" to communities in which they are located. After years of shamelessly packing up their businesses and moving whenever profits dictated, these businesses are attempting to portray themselves as benefactors, interested only in the good of the community...
...businesses ranging from steel to computers can rebound from sharp slumps, what is wrong with the thrift industry? Instead of hitting bottom and starting back up, an estimated one-third of the 3,200 federally insured thrifts in the U.S. just keep falling deeper into the red. The problem is potentially grave, because the ballooning cost of rescuing the ailing thrifts could strain the Federal Government's insurance fund. Last week officials at the Federal Savings and Loan Insurance Corporation, which guarantees deposits up to $100,000 and handles troubled thrifts, estimated that the deficit in its fund reached...