Word: 1980s
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...letting the state effectively get control of ailing banks is the way out the current financial mess. But the French government really messed up the last time it had control of a chunk of the nation's banking system. That was when President Francois Mitterrand nationalized banks in the 1980s. In fact, for a good part of the 1990s, the French budget was knocked sideways because of the losses incurred at just one state-run bank, Credit Lyonnais. The German state's track record in banking isn't much better. Regional governments own some of the dogs of the industry...
This is the antiriot line of reasoning: we should punish bias crimes more severely because those crimes "can reverberate" and cause riots. This argument was developed during the 1980s. At the time, many in the Northeast feared that race-based crimes would ignite their cities. In 1986, Michael Griffith, a 23-year-old New York City immigrant from Trinidad, was targeted by a white mob when he ended up in the wrong part of Brooklyn. He was struck by a car and killed as he tried to flee his attackers. Subsequently, a then obscure Baptist minister named Al Sharpton...
...difficult to argue against hate-crimes laws because it seems like you're arguing for hate. But the term "hate crimes" didn't come into wide use until the early 1980s. The original 1968 law was part of its decade's civil rights legislation, but at the time, the law was not considered to be a law against "hate...
With their overly flamboyant evening dresses, the clothing lines of former model and fashion designer Eletra Casadei marked the excess of the 1980s. Some of the clothes even appeared on two of the decade's most popular TV shows, The Golden Girls and Dynasty. In the '90s, however, Casadei--along with others in the industry--took a different tack. She began re-creating dresses worn by celebrities at awards shows and selling them at marked-down prices, starting a furor in the high-end fashion world over copyright law. Still, her work continued to gain a following for its affordability...
...markets, the opportunities and Goldman's talent--managing partners like the brilliant and charming seventh-grade dropout from Brooklyn, Sidney Weinberg (a.k.a. "Mr. Wall Street"); the worldly, turbocharged Gus Levy; and John Whitehead, whose prescience helped shape the firm into a master of the financial universe in the 1980s. U.S. Treasury Secretary Henry Paulson, now a flummoxed bureaucrat in the hot seat, also ran the show after forcing out Jon Corzine...