Word: resorting
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...initial cabinet appointees included so many members of the school's faculty that Dean Graham T. Allison '62 was forced to ask the governor to look elsewhere for employees. Dukakis now employs so many Kennedy School graduates in his administration that he "teases about being the employer of last resort," says Allison...
...summer camps in New Jersey. After graduating from N.Y.U. at 18, Larry earned a master's degree in industrial engineering from the University of Pennsylvania. In 1946, after his brief stay at Harvard Law School, Larry and Bob persuaded their father to help them buy a Lakewood, N.J., resort hotel called Laurel-in- the-Pines, which proved to be a potent moneymaker...
...would eventually be recovered, but when the Israelis withdrew from the rest of the Sinai in April 1982 under the terms of the 1979 peace treaty, they held on to Taba. The coastal strip, five miles southwest of the Israeli town of Eilat, already boasted a Tahitian-style resort village, complete with topless beach, which had been built by a businessman with a 98-year lease from the Israeli government. Seven months later, in November 1982, another entrepreneur completed a 326-room, $20 million hotel at Taba. The builder, Eli Papouchado, knew that ownership of the land was disputed...
When Placid Oil filed for Chapter 11 protection two weeks ago, the company listed debts of $979.3 million against assets of $2.05 billion. The move was a last-resort effort to prevent the company's 23 lenders, including Houston's Texas Commerce Bank and RepublicBank of Dallas, from foreclosing on such Hunt assets as oil and gas leases and real estate. Thus the banks and the Hunts are now battling for control of the family's remaining wealth...
...trade for Daniloff," Secretary of State Shultz declared in his speech during Harvard's 350th-anniversary celebrations on Friday. "We, and Nick himself, have ruled that out." Calling the arrest of the magazine correspondent an "outrage," Shultz said it "showed the dark - side of a society prepared to resort to hostage taking as an instrument of policy...