Word: stockings
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Dates: during 1980-1989
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Chrysler's outlay for AMC, including a proposed $4-a-share purchase of stock from other shareholders, is expected to be at least $1.1 billion. That could be a steep price to pay for a company that lost $91 million last year on sales of $3.5 billion. But Iacocca has coveted several valuable AMC assets. Among them: AMC's popular Jeep division, which sold a record 207,514 vehicles last year; a new Renault auto-assembly plant in Canada built for $340 million but now worth an estimated $800 million; and AMC-Renault's 1,472 North American dealerships...
...amount of time they spent in frequent, terse phone conversations. Last week the subject of their calls became the stuff of scandal when the Securities and Exchange Commission charged Vaskevitch, 36, the head of international mergers in Merrill Lynch's London office, and Sofer, 46, an Israeli stock speculator, with ringing up more than $4 million in illegal profits from a transatlantic insider-trading scheme...
...Prayer on it, all hell broke loose. Special crack teams of Rockefeller lawyers, trained in jungle survival techniques by G. Gordon Liddy and in rhetoric by Jesse Jackson, sprang out of camouflaged foxholes to launch a frontal attack on the U.S. judiciary system. The objective: $50 million in diamonds, stock, and Third World countries...
...Bowling Green has two major Science buildings--the National Drosphila Species Center and the Mid-American Stock Center. Not only world-renowned scientists, but 400 species of fruit files make their home there. All genetic research must go by way of the fruit fly. And all fruit files must go by way of Bowling Green...
...name Kroh stood for quality and reliability in the real estate industry. Kansas City-based Kroh Brothers Development built homes, shopping centers and office buildings from California to Florida. Along the way, it attracted such blue-chip investors in its projects as Arthur Levitt, the chairman of the American Stock Exchange, and the Hall family of Hallmark greeting-card fame. But in the past few months, Kroh has virtually collapsed. Beset by lawsuits and shunned by wary lenders, the company is now struggling to reorganize under Chapter 11 provisions of the bankruptcy law. The brothers who ran the firm...