Word: bails
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Dates: during 1990-1999
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Thernstrom, in the story she tells, loses not only a friend, but her notions of justice and retribution. Page eventually beats the murder charge, and is convicted of a lesser charge of manslaughter, free on bail. He still awaits the results of an appeal, while Thernstrom awaits the arrival of a lost friend in her dreams...
...lawsuit filed last week, the Federal Deposit Insurance Corporation is trying to recoup some of the $1 billion that the government spent to bail out the failed Silverado. "Our conclusion is that Silverado was the victim of sophisticated schemes and abuses by insiders and of gross negligence by its directors and outside professionals," said Douglas Jones, the FDIC's senior deputy general counsel. In the Denver hearing this week, the Office of Thrift Supervision aims to persuade an administrative-law judge that Bush should be banned in effect from ever again serving on the board of a financial institution. Bush...
...August 1988 neither regulatory forbearance nor political clout could disguise Silverado's woes: the company announced a $200 million loss. Wise began publicly looking for a buyer to bail out the company. Silverado was insolvent, and Bush glibly announced that he was resigning because his father had been nominated as the Republican presidential candidate. On Oct. 24 the Colorado regulators notified their federal counterparts in Topeka that the hemorrhaging Silverado would be shut down at the end of the month...
...Senators among his powerful buddies. Last week he stood as a wretched symbol of the past decade's financial follies. After the former owner of California's bankrupt Lincoln Savings and Loan was indicted on 42 counts of criminal fraud and was unable to raise the $5 million bail, police handcuffed and jailed him. California alleges that Keating bilked investors who bought $250 million of now virtually worthless junk bonds. The state's charges were the latest in a flood of legal actions against the disgraced businessman. Overall, taxpayers will have to pay more than $2 billion to clean...
...dipped so precipitously that even President Mikhail Gorbachev decided last month to join forces with longtime rival Boris Yeltsin, leader of the Russian Republic, in drafting an alternative plan. Thus when Ryzhkov stepped to the podium of the Supreme Soviet last week to present his latest plan to bail out the economy, parliamentary deputies, just back from the summer recess and visits with cranky voters, were not about to let him off lightly...