Word: bails
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Dates: during 1990-1999
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News of the industry's deepening problems have made policyholders extremely edgy. Unlike bank accounts, which are protected by the Federal Government up to $100,000, insurance policies have no such coverage. While nearly all states have their own guarantee plans in which healthy insurers are asked to help bail out a failing institution, the pooled funds may not be enough if a large insurance firm goes under...
...Pakistan-based managers and for years of neglect by banking authorities around the world. After investing $1 billion to shore up B.C.C.I. since he acquired it last year, Zayed faces the humiliation of losing control of the bank, and the moral -- if not legal -- responsibility for helping to bail out depositors who were victims of fraud...
...attackers were arrested and charged with unarmed robbery and assault. And in Fort Worth a woman standing in a friend's yard recorded a police officer beating a handcuffed car-theft suspect 28 times with his baton. The officer is under criminal investigation, and the suspect is free on bail...
...immunity the Cali cartel enjoys from prosecution is a matter of intense concern to Bush Administration officials. While Henry Orjuela Caballero is in jail in New York State awaiting trial on federal drug-trafficking conspiracy charges, brother Carlos is out on bail on similar charges filed against him in Los Angeles. Another brother, Jaime, the family boss, is free in Colombia. So are Don Chepe Santacruz, the Rodriguez Orejuela brothers and such rising powers as the Urdinola brothers. "You can't destroy the organization without lopping off its head," says DEA's Bonner. "The tentacles grow back. If the Cali...
Bowsher warned that taxpayers may also have to bail out the banking industry if Washington cannot agree on how to replenish the dwindling Federal Deposit Insurance Corporation fund. It could lose more than $23 billion over the next two years as the commercial real estate depression causes hundreds of shaky banks to fail...