Word: acapulco
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...many social evenings lying on somebody's living- room rug, staring at the ceiling and saying, "Oh, wow!" This renunciation was not a wrenching moral decision, but rather an aesthetic rite of passage as my palate began to savor California Chardonnay with the avidity I once reserved for Acapulco Gold. Yet as an aging baby boomer, my attitudes remain emblematic of that high-times generation that once freely used soft drugs and still feels more nostalgic than repentant about the experience...
...Statue of Liberty, in wonder as it offered the platinum card (twice to a friend who was at the same time being dunned for late payments on his green card), and in awe as it offered baggage insurance against the possibility that your tennis racket would wind up in Acapulco more than six hours after you did. (A mere $4.75 a ticket buys you as much as $200 in protection against disasters such as this...
...largest shareholder, controlling 19% of the company's stock. He and Ross do not get along, largely because Siegel disapproves of the way Warner spends money on generous executive compensation (for Ross alone in 1987: $4.5 million in salary and bonus) and corporate amenities like the six-bedroom Acapulco villa for entertaining movie stars. Siegel also apparently believes that Warner is being undervalued in the merger agreement. When the proposed deal came up before Warner's board for a vote, Siegel abstained, while all the other members approved. Time and Warner officials, who are trying to convince Siegel...
Watching the spandex figures balance gravity and centrifugal force as one set of skates slices within inches of another, spectators have found an appealing amount of danger. There is less of it than in aerial skiing, which is as much a sport as cliff diving in Acapulco, but much more than in that odd amalgam of shuffleboard and housecleaning called curling. In the current heat of demonstration sports, short-track skating seems worthiest to win normal- event status...
...conference also called for a ceiling on the repayment of Latin America's $400 billion foreign debt -- much of it owed to U.S. banks. For all the tough talk, however, the meeting accomplished little. The eight countries at Acapulco -- Argentina, Brazil, Colombia, Mexico, Panama, Peru, Uruguay and Venezuela -- have no means of imposing their views on the other OAS members. Still, the likelihood of an increasing regional assertiveness at odds with U.S. policies and interests brought little comfort to Washington...