Word: shakeup
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...other banks that helped cover the initial rush on deposits. And it actually seems possible that the FDIC will never have to purchase full equity in, or nationalize, the bank. So, why has the FDIC waited until now to replace management? What will be the effect of the management shakeup? Will this set a positive example for the industry...
...violence ended a promising attempt by Jarpa to deal with the opposition on a more conciliatory basis. A former senator of the right-wing National Party, he was appointed by Pinochet last month in a Cabinet shakeup. Jarpa met twice with Democratic Alliance leaders to discuss such demands as changing the regime's ruinously monetarist economic policies and allowing elections well in advance of 1989, when Pinochet's term is scheduled to end. Jarpa agreed to suspend a 1973 emergency state law that imposed a nationwide curfew and to begin inviting over 1,000 leading political figures...
Some of the political positioning has already begun. In what some have called the biggest internal shakeup in a decade, the CCA two weeks ago decided not to endorse two of its incumbents on the school committee for re-election. The move came after the party drafted a strict set of standards of political positions and conduct, and decided that Henrietta Attles, a two-term member, and Glenn Koocher '71, a five-term member, did not meet those guidelines. CCA members cited specific disagreements, such as the duo's support for the school superintendent, as reasons for the dumping. Koocher...
Still, if he wants to hold his own in City Council. Washington acknowledges he must yield to the beleaguered Democratic machine. On Wednesday he repeated a pledge that there will be "no shakeup to disturb people" in city government...
...changes had been rumored for months, but the timing came as a surprise. In a high-level shakeup, the Chinese government announced last week that Foreign Minister Huang Hua and Defense Minister Geng Biao had been replaced. Huang's fall seemed especially abrupt. He had just returned from the Soviet Union, where he had headed the Chinese delegation to Leonid Brezhnev's funeral. He had also held talks in Moscow with Soviet Foreign Minister Andrei Gromyko, and delivered a warm expression of support for an improvement in relations between Peking and Moscow...