Word: bananas
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Dates: during 1980-1989
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...Street veterans grab for their rip cords. "I've never seen a stock fall that far, that fast," said Barry Bryant, a retail analyst at Drexel Burnham Lambert. "This is a decline that leaves you gasping." Only a month ago Gap Inc., owner of the Gap, GapKids and the Banana Republic clothing chains, had been one of the stock market's highest flyers. But from an August peak of 77 7/8, the stock sank to 37 early last week, down 52%. That included a 10 1/4-point drop last Monday alone...
...specialty retail business that is siphoning sales away from department stores. Founded in 1969 by Entrepreneur Donald Fisher, the company relied heavily on the blue-jeans craze in the 1970s, but then added bright-colored, practical sports clothes. In 1983 Fisher made two shrewd moves. He bought Banana Republic, a San Francisco retailer with three stores and a catalog operation that sold trendy travel and safari wear, and he hired a new president, Millard Drexler, the marketing whiz from the Bronx who had turned around the faltering Ann Taylor chain...
...marinated, then grilled jerk chicken and pork are among coast-to-coast favorites. Along with callaloo (a soup of crab meat, kale and pork) and Jamaican meat patties, the chef at Manhattan's Sugar Reef also dishes up the aptly named but pallid "trendy wrapped fish" (perch cooked in banana leaves). At the Sugar Shack in Los Angeles, Cuban Moors and Christians (black beans and white rice) are offered with Caesar salad. The Indigo Coastal Grill in Atlanta adds Mexican carnitas and seviche...
Looking tough is a special challenge for George Bush, burdened as he is with the image of the eternal second banana. Lately the Vice President has sought to counter murmurs about the "wimp factor" by citing his captaincy of the Yale baseball team and his World War II combat record, as well as his Government posts. "Everything I've done in my life has equated with leadership," he says. But Bush undercuts his effort by his refusal to adopt any firm positions of his own. His principal rival, Bob Dole, exudes a can-do aura that allows him to project...
...WORLD, May 11)) was rude and offensive, especially since Austria is a friendly country. While many Austrians are unhappy about the way Waldheim handled the charges that were leveled against him, they are convinced he committed no crimes during World War II. Austria should not be treated like a banana republic. This nation's painful history, particularly from 1918 to 1945, is much too complicated to be judged by U.S. officials. As far as Waldheim's "incomplete" memory is concerned, he joins the ranks of other respectable Presidents who tend to forget important matters after much less time...