Word: launchful
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...president of Ponce de Leon Federal Savings and Loan in Coral Gables (1984 assets: $27.8 million). Santa Maria, who left behind a small family fortune in Havana real estate, attended night school and job-hopped among several banks before being asked by a friend in 1980 to help launch Ponce de Leon. Says she: "I am extremely, I mean to the utmost, thankful to the United States...
...lack of firepower available should it choose to launch a retaliatory raid. The aircraft carrier Nimitz, with at least 60 fighter- bombers and an amphibious landing force of 1,500 Marines, sits just off the Lebanese coast. A Delta Force unit reportedly stands ready on Cyprus, 100 miles from Beirut. The 100-plus Delta operatives are highly trained, but they have been used only twice against terrorists -- both times unsuccessfully. The 1980 Iranian hostage-rescue attempt was aborted in the desert when two helicopters broke down; during the invasion of Grenada the Delta commandos failed to reach the Richmond Hill...
Like other people who are humiliated and threatened, we talk now mostly about retribution. Washington echoes the brave calls of armchair generals from the provinces who would devastate the Bekaa Valley or demolish the Beirut airport or launch a search-and-destroy mission in the city. Retaliation may have its place when, in that rare instance, terrorists separate themselves from the fabric of innocent society. The better answer lies in every American's awareness and understanding that terrorism must be met on its own terms...
...Jordan Gutterman, a leading interferon investigator at Houston's M.D. Anderson Hospital. "You don't go to the moon on the first rocket." At a meeting of the American Society of Clinical Oncology in Houston, it became clear that interferon has at the very least had a successful launch, and may be beginning to fulfill some of its early promise...
French banks and credit-card issuers plan to switch completely to smart cards by 1988. In the U.S., MasterCard will launch the first smart-card experiment this fall by giving out about 100,000 of them in Columbia, Md., and Palm Beach, Fla. If that pilot program goes well, MasterCard may begin national distribution as early...