Word: aguayo
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...Jose Aguayo, a New Jersey-based energy analyst, was one of those believers. He lost thousands in Lucent and WorldCom shares. "I felt very silly," he says. And chastened. Now the splurge money is gone, and Aguayo says he won't be going back into stocks anytime soon. His experience is common. Vaporized stock-market wealth is at $4 trillion and counting. The losses have engendered one of the fastest economic decelerations ever--from an annual growth rate last spring of 6% to near zero today. In a $10 trillion economy, that's a difference of $600 billion...
Until the mid-1980s, researchers assumed that nerves in the central system were simply incapable of regrowth once they were damaged. A researcher at McGill University in Montreal, Alberto Aguayo, turned this assumption around by demonstrating that a nerve taken from an animal's leg and grafted onto the central nervous system allowed the nerve cells to grow along the transplanted nerve. Evidently there was nothing wrong with spinal-cord nerves, but something in the central nervous system was impeding their growth...
...sick! I'm so sick!" wailed Mona Aguayo as the paramedics entered her tiny bedroom at 1:30 a.m. Observed St. Andrew: "She's 96 years old, maybe senile, hurts all over. But basically she's healthy." Carried out by burly firemen, Aguayo seemed like a wounded bird with her thin, angular features, frightened eyes and short silver hair. "My hands! My hands!" she cried. She began to vomit as the ambulance sped toward Santa Marta Hospital, the last "open" emergency room of the night. But her pain and terror were apparently caused by hysteria. The woman was sent home...
...began to announce new government appointments the day before the inauguration. For the key post of Finance Secretary, he chose Jesus Silva-Herzog, a Yale-educated economist who negotiated a $3.8 billion credit for Mexico this fall from the International Monetary Fund. De la Madrid also reappointed Miguel Mancera Aguayo as director of the Bank of Mexico. Mancera Aguayo had resigned from the post last September after Lopez Portillo imposed strict regulations on currency exchange. Both men are thought to advocate stringent measures to improve Mexico's troubled economy...
...reaction to López Portillo's bold plan was sharply divided. Bankers and some businessmen were outraged. Said Carlos Abedrop Davila, president of the Association of Bankers of Mexico: "Nationalization of private banking will aggravate the current crisis." The government's top banker, Miguel Mancera Aguayo, director of the Bank of Mexico, promptly resigned, apparently in protest over the nationalization. Labor unions and left-wing political groups, however, praised López Portillo. "We believe that these measures will strengthen the economy," said Jose Dorantes Segovia, president of the Labor Congress...