Word: tanked
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Dates: during 1990-1999
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...company is lurching from crisis to crisis. Campeau Corp. managed to scrape together $100 million last week to meet the deadline for paying suppliers who shipped the 257 U.S. stores everything from tank tops to tiaras. This week the firm hopes to persuade Citibank and other major lenders to roll over $2.3 billion of loans. But even if the creditors agree, the Canadian company must put its U.S. retail operations on a sound financial footing by taking drastic steps to trim costs and sell properties. Observes Wilbur Ross, senior managing director of the Wall Street firm Rothschild...
...encourage investment. He pointedly failed to mention Social Security taxes. But the Cincinnati group's parent organization, the U.S. Chamber of Commerce, endorses lower taxes for both capital gains and Social Security, as do the National Federation of Independent Businesses and the conservative Heritage Foundation, Bush's favorite think tank. Says Donald Leavens, a budget expert for the U.S. Chamber: "How can you go against such a good idea? It's populist, and it will do a lot for economic growth...
...crowd of protesters in the square poured into nearby Magheru Boulevard and swelled to thousands. Shouts of "Freedom!" and "Down with Ceausescu!" rang out. Tanks, troops and helicopters herded the marchers into University Square, ringed by the University of Bucharest, the National Theater and the 22-story Intercontinental Hotel. A tank rolled over two demonstrators, and as others ran to help them, they were shot down by automatic-weapons fire. At least 13 were killed, the American embassy reported. The streets did not clear, however, and more people were shot during the night...
TASK FORCE BAYONET. This mechanized battalion and light tank force attacked the P.D.F. headquarters with a vengeance, igniting a huge fire that gutted the main Comandancia building. When the bombardment was over, its troops searched the building room by room -- and found no one. By 8 a.m. Wednesday, Powell felt confident enough to proclaim that "for the most part, organized resistance has ended...