Word: debt
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Dates: during 1980-1989
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...questions covered issues ranging from homelessness, AIDS, development and rent control toi Cambridge Hospital's debt and zoning of halfway houses for recovering alcoholics and other welfare agencies...
...course, with an estimated net worth of $5 billion, Mobuto finds it easy to be stylish and graceful. (Coincidentally, Zaire's national debt is about $5 billion. Funny, that...
...reason for the move: pressure from the Bush Administration's debt- reduction plan. A Sept. 13 agreement to ease Mexico's debt gives banks the choice of lending new money to the country or accepting a 35% cut in the value of their outstanding loans...
...expected to attract bidders from Manhattan to Tokyo. Among them is Marvin Traub, chairman of the chain, who is planning a management-led buyout. But selling Bloomie's will not be enough. Campeau's firm conceded last week that it may default on $1.27 billion in fourth-quarter debt payments. The disclosure sent prices of Allied junk bonds plunging 20% in value in just one day, while Federated's fell...
Campeau had created problems for himself at a headlong pace. Even as he scooped up retailers, Campeau made plans to build dozens of big department stores. While he spun off such acquisitions as Brooks Brothers and Bonwit Teller to pay part of his $11 billion debt, he insisted that his remaining chains could churn out enough cash to make interest payments, finance expansion and yield profits as well. Instead, the cash registers rang slowly as the retailing industry suffered from stagnant consumer spending...