Word: majoring
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Dates: during 1980-1989
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...smaller deposits. Banks have begun to exercise more internal supervision as well, prodded by a series of investigations in the mid-1980s in which such institutions as Bank of America and Bank of Boston were forced to pay hefty fines for their involvement in laundering schemes. Yet many major banks are still participants, witting or not, in ever more sophisticated laundering operations...
...deciding how to handle all the borderline illegality the task force will find. "How do you separate drug money from capital-flight money?" asks one of the mavens. "It will be more than drug money we come up with, and what happens when we stumble over a really major company and hold up its dirty linen? Maybe the banks will start turning in the narcotics people rather than lose their biggest customers...
...organizers of Earth Day 1990 hope it will have a similar galvanizing effect, that it will change individual behavior and launch a decade of environmental activism. This time the event will be international, reflecting the recognition that all the major environmental threats are global in scope. More than 100 countries, including Hungary and Uganda, have started to form committees and plan activities. Says Denis Hayes, a San Francisco lawyer and chairman of Earth Day 1990, an international umbrella organization: "The whole thrust of Earth Day as we go into the 1990s is an environment that is much brighter...
...fossil fuels. Household conservation tips should be familiar: close off unused rooms, seal up cracks and openings, and insulate roofs. Look at the energy-efficiency rating when buying appliances. And one more idea that few people know about: replace ordinary incandescent light bulbs with "compact-fluorescent" models sold by major light-bulb manufacturers. They can give off the light of a 60-watt bulb while using only 15 watts of electricity. These fluorescent bulbs cost at least $10, but they last ten times as long as conventional models and will pay for themselves by lowering electricity bills...
...from overloading the atmosphere with gases like carbon dioxide. To date the Administration has been slow to react to the greenhouse threat because scientists are still debating how serious the problem is and because taking strong steps against it could cause severe economic dislocations. The U.N. is sponsoring a major study that could provide the basis for a coordinated international approach to global warming. American leadership is critical to this effort, just as it was to the Montreal Protocol...