Word: tainting
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...moved to sell off the firm's assets, in many cases at fire-sale prices. Drexel attempted to offer whole departments for sale, including Milken's old junk-bond operation in Beverly Hills, but rival firms turned up their noses at anything that might carry legal liabilities or the taint of scandal. The firm's stockholders will get little or nothing, most notably Belgium's Lambert Group, which owned 26% of the firm and may have to take a $92 million write-off. Creditors include Taiyo Mutual Life, a Tokyo firm with a $70 million claim, and Milken himself...
...appears that even the ivy-covered walls of Harvard cannot escape the taint of racial prejudice. In the light of the Stuart case and the shuttle bus incident involving two Harvard students, I hope that America, including the members of the Harvard community, will conduct some serious self-reflection. And that whites will hesitate, question and thoroughly analyze a situation instead of immediately accusing a Black person of wrongdoing...
Three new movies consider the Nazi extermination of European Jewry. Their ambitions are honorable, but can they escape the taint of "holokitsch...
...mainstream Palestinian movement from the murderous activities of Abu Nidal. Arafat's recognition of Israel and renunciation of terrorism last December -- however grudging and ambiguous -- helped isolate Abu Nidal in the Arab world, and may have intensified the infighting within F.R.C. ranks. The P.L.O.'s concern is that the taint of terrorism could deny it a major role in Israeli-proposed Palestinian elections. Last week Arafat persuaded a meeting of Arab foreign ministers in Tunis to urge Presidents Bush and Gorbachev to recognize the P.L.O. as a major force for peace...
Nike, Reebok and L.A. Gear are creating space-age sneakers in their fight for a $9 billion market. -- Payoffs and fake lab results taint the generic-drug industry...