Word: terme
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Dates: during 1980-1989
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...President's best friend on Capitol Hill, Laxalt should not have a hard time finding new work. "He'll have legions of offers," said Nevada's Democratic Governor, Richard Bryan. Laxalt has promised to remain in Washington through Reagan's second term to serve as a troubleshooter at the President's "beck and call." Said he: "I do (Reagan's) missionary work in the Senate. I hope to continue that function...
Other speculation on Laxalt's withdrawal focuses on his $250 million libel suit against the Sacramento Bee and two sister newspapers. A 1983 Bee article alleged that nearly $2 million was skimmed from the Ormsby House, a casino- hotel Laxalt established in Carson City after his gubernatorial term ended in 1971. Laxalt denies that the suit has any bearing on his announcement, but the case is moving toward trial, and the newspaper, in support of its case, has amassed boxes of potentially embarrassing notes and documents...
...copy deemed unsuitable." NR would likely have turned down a West Coast entreaty: "Kinky Boy Scout seeks Kinky Girl Scout to practice knots. Your rope or mine?" NR's personals are notably chaste, but so are those in most other magazines. The emphasis is on "traditional values," on "long-term relationships" and "nest building." The sexual revolution has cooled down to a domestic room temperature. The raciest item might call for a woman with "Dolly Parton-like figure." One ad in Los Angeles stated: "Branflake patent holder tired of money and what it can buy seeks intellectual stimulation from...
...sold to about 110 large investors and thrifts. A default on those securities could cause collapses among weaker institutions. It also could bring as much as $300 million in losses for mortgage-insurance companies, like Milwaukee's MGIC Investment, that have issued coverage on the certificates. In the longer term, a default could discourage investors from putting money into mortgages, and possibly drive up the cost of home financing...
Leib, a first-term committee member, said that the committee has been too "involved in petty details that should be dealt with by administrators...