Word: loaded
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...typical Harvard student carries a load of books home for Christmas and consults his friend Smirnoff about whether he or she ought to be studying. On the other hand, certain lower forms of life masquerading as Harvard students will, in fact, open the books they bring home. Often...
...Eastern, the sellout is a rough landing after years of financial turbulence. The airline expanded too aggressively in the 1970s, taking on a crippling debt load to buy new aircraft. In the 1980s, fare wars slashed revenues while labor costs had got out of control. The carrier's pilots now , make an average of $112,535 a year, almost twice what Texas Air skippers receive. Eastern has slipped repeatedly into the red, and its comebacks never seem to last. After managing a $73 million profit for the first nine months of last year, the airline lost $67 million...
...long ago, moneymen started to look upon Latin America's ominous $370 billion debt load as the crisis that went away. The borrowers were gamely trying to make their payments and shape up their economies. But last week several Latin countries sent out new distress signals. Mexico's Finance Minister Jesus Silva Herzog, whose country's financial condition has been devastated by falling oil revenues, rushed to Washington to seek aid in closed-door meetings with Federal Reserve Chairman Paul Volcker, Secretary of State George Shultz and Treasury Secretary James Baker. Meanwhile, Peru suddenly withdrew its gold, silver and cash...
...payments be reduced to what it can afford, but he offered few specifics. Some Mexican officials have hinted that the country wants a stretched-out repayment schedule and a reduction in the average interest rate on its loans from 10% to 6%, which would reduce its annual debt-service load by $4 billion a year...
With a cold eye and a fine sense of irony, Pileggi records the underside of industry as his informer dashes from scheme to scam, driving from North Carolina to New York with a load of untaxed cigarettes, delivering stolen cars for shipment to Haiti, reburying a murdered colleague whose resting place is threatened by a new housing development. Hill forms no permanent friendships and makes no future plans. Everything is for the moment, and associates, even those who gave him a hand, are betrayed for the sake of the bigger payoff, the easier deal. Only at home is life...