Word: 1980s
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Dates: during 1990-1999
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...corporate clients will be able to issue stock and buy directors' insurance with a single call. One-stop shopping for financial services up and down the customer ladder is mainly what this bill is about. Yes, you've heard it before, and, yes, it failed miserably in the 1980s. (Remember Sears, which added another dimension--buy stocks where you buy socks?) But with the government's stamp of approval on Citigroup's no-limit money enterprise, that model is sure to get another, more thorough test...
...model has devout believers. "I'm absolutely thrilled," comments James D. Robinson, who as CEO of American Express in the 1980s tried to marry banking, credit cards and other products with brokerage services in a financial supermarket. His plan dissolved amid corporate infighting and data-sharing nightmares that are now easily remedied with more powerful computers and better software. Another booster is Congressman Jim Leach, chairman of the House Banking Committee. He predicts that the bill will save consumers $15 billion a year in lower rates and fees...
...that performance in the 1980s, all the instruments except for the brasses and a few drums were lined up along the side of the pool. The brass players were in the pool, a few drums were floated on kickboards and the student conductor sat on an inner-tube...
...particular, the rate of cancer on the island in the 1980s was 27 percent higher than that of Puerto Rico as a whole, according to the Puerto Rican government commission...
...similar boom hit the U.S. in the mid-1980s. Then only one U.S. company in 10 bothered with brand-extension licensing. Now 65% of FORTUNE 500 companies have licensing agreements, says Glen Konkle, Equity Management's chairman. Back then, licensing was primarily the province of Hollywood studios that owned the rights to popular cartoon and movie characters like Bugs Bunny and Luke Skywalker; professional sports teams and athletes; and a few fashion designers. But companies like GM had begun to realize that many of their brands had additional value...