Word: summing
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Dates: during 1990-1999
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...falling dollar can also mean higher interest rates, and this is where the federal deficit comes into play. The U.S. government is already $4.5 trillion in the red, and every year it has to borrow another $200 billion or so by selling bonds. A hefty chunk of this sum comes from foreigners, and they were not born yesterday. Seeing the dollar in decline, they sense that our plan is to pay them back with devalued money. So they stop buying our bonds, and the only way we can lure them back is with higher interest rates that affect everyone. Thus...
...Leave him alone." In plain English those three words sum up the case Bill Clinton's attorney will soon argue in his effort to defer Paula Jones' sexual- harassment lawsuit until the President leaves office. The drift of lawyer Robert Bennett's thinking has been known for some time, but sources familiar with the latest version of his brief, and the impressive appendix of historical writings that supports it, have provided TIME with the details of Bennett's argument. The key points, which highlight the inextricable connection of political and legal considerations, are these...
...good behavior and are often left with fortunes. Former junk-bond baron Michael Milken served only two years of a 10-year sentence for securities fraud, and, after shelling out more than $1 billion in fines and to settle civil lawsuits, is trying to make do with a piddling sum estimated at $300 million. He was even invited to lecture on ethics in business at ucla...
...until after he testified again during Rashid's appeal. Even after that, the check was withheld for another eight months while government departments bickered over the amount. State officials backed the FBI's recommendation for a $1 million payment, but the bureau's overseers at Justice insisted that the sum was excessive and that Awad should get only...
...million awarded to Rodney King by a Los Angeles jury last week is not the first multimillion-dollar sum the city has had to pay to compensate for the actions of its occasionally too interventionist police force...