Word: buy
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Dates: during 1980-1980
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Leading the routed silver and bulls were Bunker and Herbert Hunt, Dallas bullionaires, who at one owned an estimated 100 million oz. of silver. In March, they used their $2 silver hoard to buy even more of the metal. After the market collapsed later month, the pair had to use their vast holdings, including race horses, art and antiques, as collateral to back the loans had made in their attempt to corner world silver market. A battered Hunt later said, "A billion dollars is what it used...
...showed some pockets of surprising strength and While the Midwest and the auto were suffering depression-like areas of New England and the Coast, where the computer industry other high technology firms have plants, hardly felt the slump. Investors who would not touch a steel stock to buy new issues of Genentech, a Francisco-based genetic engineering or Apple Computer, the California maker of personal computers. Unemployment in Massachusetts was only 5%, or one-third less than the national level. Colorado and other Rocky Mountain prospered with the search for new domestic energy sources. Electronic and computer firms made...
Chrysler's problems, though, have been building for months. High interest rates, an initial shortage of low-cost models and the unwillingness of customers to buy cars from a company that seemed about to go out of business have cut in half projected sales of the stylish, economical K-car. Even the once popular sub-compact Dodge Omnis and Plymouth Horizons are selling poorly, and dealers now have more than a 120-day supply, twice the desired amount. As the auto industry last week prepared for its annual holiday shutdown, only three of Chrysler's six assembly plants...
...left-wing group responsible for dozens of Viet Nam-era bombings. A New York City-based FBI unit called Squad 47 broke into the homes of innocent relatives and friends of the fugitive radicals seeking clues to their whereabouts. Sometimes dressed as telephone repairmen, they would pick locks or buy keys from landlords and, once inside, photograph diaries, letters and other documents. The burglaries would be cleared in advance with Miller, who got approval from Felt. Though Squad 47 conducted at least 20 such "black-bag jobs," the sleuthing did not turn up any Weather Underground people, although some have...
Society's altered states have brought unpredictable caroms. Western Publishing's Daniels notes, "More women are working, and there are more surrogate parents. They're paying more attention to their children's development and to the books they buy. More children have two sets of parents-and two sets of books...