Word: looted
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Dates: during 1980-1989
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...expect prices to be weak. The Resolution Trust Corp., set up to sell off the holdings of hundreds of failed S&Ls, is pledged to avoid triggering a price crash. Yet this is an arm of the same Government, after all, that actually lost money auctioning off confiscated drug loot...
...pretend to be unselfish and connected to the earth. We can pretend that 30- ft.-long, black-tinted-glass, air-conditioned limos are unfashionable because we know that real men don't need air conditioning. We can pretend that we believe it is wrong to loot the earth for the benefit of a single generation of a single species. We can pretend to care about our children's world...
...prize. Some network executives are skeptical about the tactic's effectiveness. "Let's say 20% or 30% want to play the game," says Mark Zakarin, marketing vice president for ABC Entertainment. "The other 70% will be irritated by all the promos." Yet if the lure of loot ends up boosting the ratings, contest mania will undoubtedly spread. Anyone for Roseanne bingo...
...banker describes a Socialist government riddled by extortion and criminality. Koskotas charges that millions of dollars missing from his bank were actually payoffs that went directly to the head of the government, Andreas Papandreou, and PASOK officials. The Prime Minister, says the banker, personally authorized the plan to loot the Bank of Crete. Koskotas describes as well his own illegal complicity in the huge swindle, one that involves enormous sums hard to account for adequately...
WORLD: A fallen Greek tycoon says Prime Minister Papandreou helped him loot the nation's coffers of millions...