Word: waved
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Dates: during 1980-1989
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This measure is intended to stop the wave of Americans who convert to Judaism and then move to Israel. Their fault is to have joined Reformed temples. They will not be allowed to become Israeli citizens unless they reconvert...
Beneath all the wrongdoing, panic and disaffection with Wall Street lies a deeper issue. The lanky, impeccably tailored Boesky rode to staggering success and then to disaster on the wave of takeovers that have swamped the stock market in the '80s, dramatically reshaping the way that corporate America does business. Some 2,806 mergers and buyouts worth nearly $130 billion have occurred so far this year, up from 2,755 deals worth about $100 billion during a comparable period of 1985. The feverish activity has created a climate in which corporate raiders can reap quick, huge profits simply by buying...
Once more blood flowed in a Paris street. Once again posters picturing suspected killers appeared in the City of Light. This time the victim was Georges Besse, 58, president of France's largest auto-manufacturing concern, state-owned Renault. Coming just two months after a wave of bombings in crowded commercial centers across Paris killed eleven and injured more than 160, the shooting of Besse outside his home last week shocked and saddened the nation. On Friday 2,000 mourners, headed by President Francois Mitterrand and Premier Jacques Chirac, attended a funeral service for the slain executive at the Hotel...
...Democrats scored a sweeping victory in the Senate, where they replaced a 53-to-47 Republican majority with a 55-to-45 majority of their own. The Teflon President seemed to have Teflon coattails: of the 16 Republican Senators who rode into office on the Reagan wave of 1980, only half were re-elected last week; only four ! Republican Senators won out of the 16 he had campaigned for since Labor...
...supergroups for smaller agencies. One such advertiser is RJR Nabisco, which took away $32 million in accounts (example: Fleischmann's margarine) from Omnicom and $96 million from Saatchi & Saatchi/Ted Bates. Declared RJR Nabisco Chairman J. Tylee Wilson, speaking at an advertising convention two weeks ago in Virginia: "The wave of mergers has benefited the shareholders and managements of the agencies, but I'm the client. I'm selfish. Show me how the mergers will improve service...