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...billion loan to the "bad" S & L that is fully guaranteed by FSLIC to pay a handsome 2% more than the going cost of funds. That will pump some $160 million in annual interest into the Bass thrift, no matter how much trouble FSLIC has in getting rid of the bad assets...
...town which was built so that very rich people could have a very good time, Vail has hundreds of shops, nightclubs, restaurants and bars. The easiest way to get rid of a lot of money is to buy a Golden Bear, which is, as its name implies, a golden bear on a chain. For less than $1000 it's a status symbol which any Preppy Handbook owner will recognize. There is also Ralph Lauren, Cartier, Gucci and Laura Ashley...
Bush: How are ya' boys? Looks like I made a big hit with that speech I gave a couple weeks ago on the ethics thing. I sure am proud that we can finally get rid of that sleazy aura that Ronnie's Californians brought to Washington. My soul hasn't felt so pure since the good old days at Yale when me and the boys were hanging out at Skull and Bones...
Alaskans were relieved to be rid of the worst of the freeze, but it would take weeks to assess the toll on the state. Schools closed, businesses ground to a halt, and hardy villagers huddled in their homes to keep warm. Furnaces shut down as heating oil turned to jelly, and stoves stood idle as propane gas liquefied. The greatest hardships occurred in central Alaska, where normal food deliveries were cut off. Governor Cowper called out the Air National Guard to parchute supplies into remote villages...
...rid of it yet," answered his national security assistant, Lieut. General Colin Powell. "After the swearing-in of President Bush, a military aide will take it from you." Almost reluctantly, Reagan tucked the card back in his pocket. He took one more sweeping look around the room where he had exercised the globe's greatest power so long and so exuberantly, slowly squared his shoulders and walked out to the sun-streaked colonnade that links the office with the mansion. White House staff members crowded against the glass doors and windows, some of them openly weeping...