Word: 80s
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Dates: during 1990-1999
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Well, as another aria put it, Addio, sublimi incanti al pensier -- "farewell, sublime incitements to thought." That market is as dead as Otello at the fall of the final curtain. Other areas of the art market that were badly shaken in the crash of the late '80s, from Old Masters to Impressionism and Americana, have shown cautious signs of life; but for most contemporary material, the bottom of the pit has not yet been plumbed...
...tony preparatory institution, but rather than going on to college, he decided to become a producer on his own. "I've fallen in love with producing and plan to make it my life's work," he announced while still a senior at Collegiate. During the 1970s and early '80s, he produced movies (The Blockhouse, The Border) and plays (Ladies of the Alamo). Some shows featured such stars as Peter Sellers and Jack Nicholson, but none achieved much critical or financial success. Bronfman was a bit luckier in a fling at songwriting. Dionne Warwick recorded a love song he wrote, Whisper...
...University is "in a time of scarce resources," according to Rudenstine, because the era of plentiful funding that began after World War II ended in the early '80s and was replaced with a period in which universities have a much harder time garnering contributions...
Borrowers and other sources allege Dime deviseda scheme in the late '80s in which it granted asmany loans as it could give, through a 48-hourloan approval program called the "no document loanprogram...
When the real estate market collapsed in the'80s, Dime borrowers could not repay theirloans--many of which should not have been approvedin the first place, Anderson said. Thirteenpercent of borrowers in 1978 and 19 percent in1988 never even made the first payment, accordingto the anonymous source...