Word: 80s
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Dates: during 1990-1999
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...offers plantain flan, mango tabbouleh and a boniato-yuca torta? Miamamerican cooking? Nuevo Mundo cuisine? Nuevo Cubano? Whatever the tag, Miami chefs are winning applause with fresh fish, tropical fruits and exotic root vegetables, eclipsing the now hackneyed blackened- everything cuisine that emanated from New Orleans in the early '80s. Bits of many cultures make up the local hybrid, including updated Latin, Italian and Oriental dishes. Grilling, influenced by Caribbean barbe, is an essential technique. Not-too-sweet, not-too-tart salsas, mojos and adobados based on local fruits are vital flavoring ingredients...
...B.C.C.I. to flourish far too long. The alliance with Altman and Clifford's First American Bankshares was clearly -- and apparently successfully -- designed to win respectability in the American power establishment. The link with Paul's CenTrust S&L was a pipeline to the fast-buck financial arrivistes of the '80s -- a joining of hands by what history may well describe as the two great scandals of the century...
Most deflating has been the market for office automation, the largest component of the industry. Sales of hardware and software were good -- up 7% to $300 billion -- but not great compared with the 18% growth during the '80s. Though the category contains everything from laser printers and multifunction telephones to electronic-mail systems, the staple of office automation remains the computer. During the 1980s, Corporate America spent about $98 billion on 57 million personal computers...
...American Bankshares in Washington, National Bank of Georgia (later purchased by First American) and Independence Bank of Encino, Calif. The latter two were bought officially by Abedi's front man, Ghaith Pharaon, the putative Saudi tycoon who received an ) estimated $500 million in B.C.C.I. loans in the 1970s and '80s. Those loans were secured only by shares of stock in the companies Pharaon purchased, which meant that they were never to be repaid...
...millions of committed Christians, the late '80s brought agonizing disillusionment. One after another, some of the country's most prominent Protestant televangelists revealed themselves as pious pretenders, driven by lust or avarice or unsaintly ego. Perhaps most distressing was the ammunition the scandals gave to the skeptical and scornful. While erstwhile believers in Jim Bakker, Jimmy Swaggart and Marvin Gorman winced at the exposes of dalliance and the unconvincing protestations of repentance, countless other Americans were laughing...