Word: stringing
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Dates: during 1980-1989
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...doubt many consumers have been worried by a seemingly endless string of bad-news headlines about their banks. Says Val Adams, a marketing executive in Chicago: "The failures are just more proof that they don't know what they're doing, and that's kind of scary. I don't mean I'm going to take my money out and put it under my mattress, but I am concerned." Last week BankAmerica and First Chicago, two of the nation's largest institutions, said they were considering selling their landmark headquarters buildings. Reason: both banks...
...clearest example of the industry's chaos is the growing string of financial failures. Warns Economics Professor Lester Thurow of the Massachusetts Institute of Technology: "A threat to the soundness of our private banking system is an economic nightmare." So far this year, 71 banks have collapsed, compared with 48 in all of 1983 and only ten in 1981. The latest failure was the First American Banking Co. (assets: $22.7 million) of Pendleton, Ore., whose office reopened last week as a branch of a competitor from a neighboring town. Government regulators have put more than...
...year to the day after the Navy men's swimming team ended Harvard's string of 32 consecutive victories the then-longest active winning streak in collegiate swimming history--the Crimson yesterday pummelled the visiting Midshipmen, 89-24, in one of the most lopsided Crimson wins in recent history...
Almost as fast as the newcomers arrive, others depart. Each day in Quiha, grieving parents wrap the bodies of their children in burlap parcels tied with string and carry them to the Ethiopian Orthodox Church in the neighboring village. There, as priests under bright umbrellas chant ageless prayers, the tiny bodies are placed in a long trench. And each dusk in Bati, when the sun burns red and fierce, four men carry bodies from the house of the dead up a steep hill to their common grave. -By Pico Iyer. Reported by James Wilde/Bati, with other bureaus
...reporters. She reacted in anger to the latest ambush. "I am not going to talk to you, not one word," she snapped. "You have no right. You are uncivilized people. You are savages." When asked about Olga Peters, her 13-year-old American-born daughter, she responded with a string of obscenities...