Word: hoarding
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Dates: during 1980-1989
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...when UMass forward Virginia Armstrong spun through a hoard of Crimson defenders and flipped a shot past Harvard goalie Kelly Dermody with four minutes left in the game, the entire team stared in disbelief...
...banks. Much more has probably seeped into the underground economy, where drug dealers and organized crime bosses, as well as otherwise law-abiding citizens, make cash- only transactions that go unreported to the Internal Revenue Service. Finally, billions of dollars have undoubtedly journeyed overseas, because many foreigners like to hoard American money, especially in countries with unstable currencies...
...shoulders, looked every bit the pirate that he was. In the winter of 1716-17 near Cuba, Bellamy seized the Whydah, an English slave galley named for a West African port. He turned it into a carrier for tons of silver and gold but $ never lived to enjoy his hoard. The Whydah broke up in a storm off Cape Cod, its crew drunk on pirated wine, its cargo lost, its very existence doubted...
Last week the family revealed that it has completed the sale of 90% of its remaining silver hoard, amounting to some 53 million oz., for $320 million. The sell-off represented a multimillion-dollar loss for the Hunts, whose combined wealth had slipped from more than $5 billion in 1980 to about $2.2 billion before the sale...
...major deals at Mach 1 speed. In the past two months the company has bought the Pacific routes of Pan American for $750 million and paid $265 million for 30 jets owned by ailing Frontier Airlines. To raise cash for the deals and add to its $1.1 billion cash hoard, UAL worked out a way to sell half of its Westin hotels to investors while retaining management contracts and fees. The company could realize $800 million to $900 million because of increased property values...