Word: localization
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Dates: during 1990-1990
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...accident gave new impetus to local efforts to require double hulls on all new tankers. But unlike Exxon, whose response to last year's catastrophic oil spill in Alaska's Prince William Sound was too little and too late, British Petroleum, the company leasing the tanker, lost no time in launching a cleanup. "Their response has been without equal," said a Coast Guard spokesman. "The people and the equipment were ready...
From Hollywood to local bookstores, Wall Street bashing is big business. In Barbarians at the Gate (Harper & Row; 528 pages; $22.95), authors Bryan Burrough of the Wall Street Journal and former Journal reporter John Helyar depict the RJR Nabisco fight as a mud-wrestling match in which all the participants come out grimy. Ross Johnson, the RJR Nabisco chief executive who launched the bidding for his own company and stood to make more than $100 million if he prevailed, is described as "a man who devoted his life to shaking things up" and an executive "loyal to little...
Last week Ritter was forced to step down as president of Covenant House while the allegations are investigated by state and local prosecutors and his religious order. Whether or not the probes result in formal charges, says an observer close to the church, "the chances of Father Ritter returning to Covenant House are zero...
...taking such high-handed actions, Lenin now had the weapon of a new police force known as the Cheka, which authorized local soviets to "arrest and shoot immediately" all members of "counterrevolutiona ry organizations." When a Socialist Revolutionary named Fanny Kaplan shot Lenin in the neck, the Cheka rounded up and executed 500 of her party comrades in one night. Lenin's view: "We have never renounced and cannot renounce terror." As for the future role of the Communists, the Eighth Party Congress decreed in 1919 that "the Russian Communist Party should master for itself undivided political supremacy...
While Nassau's nightlife is legendary, its food is generally nothing to write home about (just try to name a Bahamian culinary specialty.) That's why most spring breakers--afraid of sampling the native fare--will eat exclusively at the local outposts of some more familiar institutions: Kentucky Fried Chicken, McDonalds and, yes, Taco Bell...