Word: 1980s
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Dates: during 1990-1999
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...They were not only uncertain," recalls a Cabinet officer, "they were big. The numbers bedeviled the process all the way through." Everyone knew that the numbers belonged to Ira Magaziner, the longtime Clinton friend whose consulting work for hospitals during the 1980s earned him a place as the candidate's most trusted health-care adviser. A tall, balding man with a weakness for jargon, Magaziner seemed to live in a world with its own brand of mathematics. He contended that Clinton could cover 37 million uninsured Americans by putting controls on costs and eliminating waste. Nearly every Democratic health-care...
Kasparov had his own reasons for warming to the idea. His resentments against FIDE date back to the mid-1980s, when he was challenging his compatriot Karpov for the world title. After an epochal, 48-game struggle, with Kasparov surging from behind and Karpov near collapse, FIDE president Florencio Campomanes suddenly declared the contest finished "without result" and ordered it to be replayed from the start. Outraged, Kasparov decided that the monolithic Soviet chess federation, which grudgingly tolerated him while championing Karpov, had leaned on FIDE and Campomanes to salvage Karpov's title, at least for a while...
Then, the University was heavily invested insafe, but uninspiring domestic bonds, andunderweighted in foreign stocks, which took off inthe mid-1980s. Within nine months, Meyer reversedthat policy. By the close of fiscal 1991,Harvard's stake in U.S. bonds had been pared downby more than $500 million from a high of $1.3billion. Meanwhile, foreign stock holdings swelledby nearly $600 million, to $861 million...
...late tojumpstart HMC's lagging returns--just as foreignstocks started to level off. In fiscal 1992,Harvard earned a paltry 1.3 percent on its foreignequity holdings, compared to 14.4 percent on U.S.stocks. Meanwhile, Harvard's holdings in thespeculative real estate and commodities sectors,staked out in the early 1980s under Cabot, werepummeled, the victim of depressed markets and poorinvestment choices...
...faces of the participants have changed since the arguments over gay participation in ROTC at Harvard started in the late 1980s, but the essential elements of the conflict have not: balancing a stance against antigay discrimination with the rights and needs of student cadets...