Word: alanes
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...From Hell," the second underground-comix-originated movie in one year (after "Ghost World") comes out in October. Based on Alan Moore and Eddie Campbell's deeply creepy Jack-the-Ripper series of the same title, it stars Johnny Depp and Heather Graham. The original creators had nothing to do with the adaptation and it sounds dubious, but we shall see. Meanwhile the original authors are coming out with another single-issue comic, "Snakes and Ladders," self-published by Campbell in September. Apparently it involves Oliver Cromwell and the pre-Raphaelites and the history of the universe...
...year we've been hearing about how aggressively almighty Alan Greenspan is cutting interest rates. Just hold on, the logic goes. Soon big-ticket items that folks often finance, from refrigerators to cars, will be so affordable that we won't be able to resist digging deeper into debt to spend. That will lift the economy, end a blistering surge in layoffs, pick up corporate profits, ignite the stock market and restore trillions of dollars of lost wealth...
...suit, filed by Reginald H. Howe ’62 in Boston last December, accuses the defendants, who in addition to Summers include Federal Reserve Chair Alan Greenspan, officials of the Bank for International Settlements (BIS), and four major banks, “of manipulative activities in the gold market” and of violating the Sherman Anti-Trust and Security Exchange Acts...
...tightrope, and holding our collective breath. Waiting for Alan Greenspan?s pile of rate cuts to kick in. Waiting for businesses to finish cleaning out their warehouses and slenderizing their payrolls, and ante up with some kind of capital investment. Waiting so we can all start getting richer again...
...This week, Patrick Barta of the Wall Street Journal wrote that a home-appraisal process dominated by mortgage brokers working on commission instead of banks (who actually loan the money) may be inflating home prices beyond their worth. In Barron?s, Alan Abelson devoted his weekly column to the possibility of "a jerrybuilt boom," and called the housing frenzy "the last great asset bubble" - one that may be about to pop. And TIME?s own Dan Kadlec writes this week that housing?s traditional year-long lag behind a falling stock market is about to kick...