Word: 1980s
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Dates: during 1990-1999
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...Harvard and elsewhere, but also racist, classist and clearly homophobic. He suggested that any sexual orientation other than "straight" is immoral and abnormal, when he has not even bothered to question the internal and external battles which bisexuals, lesbians, gays, transgenders and straight activits fought in the mid-1980s, without which we wouldn't be this far in AIDS research. Nobody has a "right" to judge our identities, just as no one has a "right" to refuse further research into AIDS prevention: Being queer, black, poor or foreign-born is not a privilege. If there is one thing McFadden should...
Lippo's connection to Clinton goes back a long way. When Mochtar Riady's son James headed up a local bank in Little Rock in the 1980s, the Riadys discovered that the back-scratching political culture that prevails in Indonesia meshed perfectly with the cozy world of Arkansas. Within a few years, James Riady was part of Governor Clinton's inner circle of friends. When Clinton became President, that helped James become a minor player in U.S.-Indonesia relations. In 1993 he assisted in setting up a meeting between Clinton and Indonesian President Suharto. This has led human-rights activists...
Like many of the junk-bond wire walkers of the 1980s, Reg Lewis was so obsessed with "doing another Beatrice" that he left the company's core operations adrift. Jean Fugett, a former pro footballer who was Reg's half brother and his handpicked successor, continued the hunt for deals. In the meantime Beatrice was hit by a roiling European recession in 1992 and a rapid erosion of market share, profits and cash. In the middle of this tumult, Fugett hatched a takeover bid for the Baltimore Orioles baseball team. With Beatrice's big shareholders in revolt, Lewis made...
When cops gather at a press conference to announce the arrest of Wall Street crooks, the swarm of officials on the podium is enough to violate the fire code. In the 1980s, then U.S. Attorney (and now New York City mayor) Rudolph Giuliani would lead an entourage befitting a heavyweight boxing champ...
...problem too because these crimes are fast becoming the most egregious on Wall Street. The hot stock market is attracting con artists like ants to a picnic. In the bull market of the 1980s, big-shot investment bankers swapped secret merger information for suitcases stuffed with cash. Giuliani sent a couple of bankers to jail in his day. But many others walked. The result? Stocks still routinely shoot higher ahead of big merger news--a sure sign that the insider-trading problem is anything but licked...