Word: use
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Dates: during 1980-1989
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...senior officer at Drexel, Milken was the chief architect of the firm's rise from a lackluster, second-tier brokerage into a feared and envied powerhouse. By developing the use of junk bonds to stake such corporate raiders as Saul Steinberg and T. Boone Pickens, Milken presided over the radical reshaping of American industry in the past ten years. Along the way, dozens of Drexel executives became multimillionaires...
MOST FRILLS ON A GOLDEN PARACHUTE Gerald Tsai, head of the Primerica financial-services firm, grabbed $40 million in severance when he sold the company, whose holdings include the brokerage firm Smith Barney, to Commercial Credit Group. Part of Tsai's deal: 120 hours free use of the corporate jet and a consulting contract that will pay him additional income for time he spends working in the office on his yacht...
...nuclear plant that the U.S. Department of Energy wants to build in Idaho Falls, Idaho, is to help replenish America's dwindling supply of tritium, a vital component in atom bombs. But if approved by Congress, the Idaho facility could play an even more important role in the civilian use of nuclear power. For it is based on what proponents claim is a fail-safe technology, one that virtually eliminates the danger of a meltdown...
...safe against a meltdown. At its Idaho plant, the Energy Department wants to try a different strategy. Rather than construct a giant atomic pile that requires the cooling of large quantities of concentrated fuel, designers propose to build a series of four small-scale, modular reactors that use fuel in such small quantities that their cores could not achieve meltdown temperatures under any circumstances. The fuel would be packed inside tiny heat-resistant ceramic spheres and cooled by inert helium gas. Then the whole apparatus would be buried belowground. Lawrence Lidsky, an M.I.T. professor of nuclear engineering, calls this...
...croplands overplowed by desperate farmers. Horrifying images of starvation in northeastern Africa have captured world attention in the past decade. In India, according to government reports, 37% of the people cannot buy enough food to sustain themselves. Warned Shri B.B. Vohra, vice chairman of the Himachal Pradesh state land-use board in northern India: "We may be well on the way to producing a subhuman kind of race where people do not have enough energy to deal with their problems...