Word: transformed
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Dates: during 1980-1989
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...proud to sign this monster." So said President Bush last week as he stamped into law his long-awaited and much debated savings-and-loan bailout bill. The legislation, / which will rescue ailing thrifts at a cost estimated at $300 billion over the next 30 years, promises to transform the S & L business into a far smaller -- and potentially stronger -- industry. The law will also impose a sweeping reorganization on the Government's thrift regulators: the Federal Home Loan Bank Board, now independent, will become a Treasury Department agency called the Office of Thrift Supervision...
...feuding, some Jamiat members called for immediate revenge -- even if it risked jeopardizing the plans of their military commander, Ahmad Shah Massoud, for a late-summer offensive. Most, however, cautioned restraint. The loss of key lieutenants in the ambush was already a major setback to Massoud's efforts to transform his guerrilla force into a more conventional army capable of cracking government defenses...
Bikinis of dental-floss dimensions are hardly an endangered species, as any visitor to the beaches of Long Island or Southern California can attest. And designers point out that no miracle of construction can transform a middle- aged woman into a sleek postadolescent. "No matter what kind of suit you put on," says Anne Klein designer Louis Dell'Olio...
...Samuel Goldwyn, for whom Davis once worked as an office boy and press agent. But Davis is a man in a hurry. He leapfrogged to the top of Gulf & Western over two more senior executives after the death of conglomerateur Charles Bluhdorn. It took Davis just six years to transform Gulf & Western from an unwieldy, 1960s-style pastiche of unrelated companies into the more focused media giant that he renamed Paramount Communications the day before he launched his bid for Time Inc. He is fond of exhorting his employees to "lead, follow...
Instead, it has decided to stay until it either establishes its independence to do what it wants or, more likely, until the Episcopal Church expels its membership. "We must remain within the church to transform it," vows dissident Bishop David Schofield of Fresno, Calif. If separation is forced upon the flock, he states, "we will take the path when it comes." Says Bishop Clarence Pope of Fort Worth, who was elected president of the new Synod: "We are moving one step at a time to test the waters...