Word: barneys
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...precise chemical process is still uncertain, but the central role of CFCs is undeniable. Last month Barney Farmer, an atmospheric physicist at the Jet Propulsion Laboratory in Pasadena, Calif., announced that his ground-based observations as a member of the 1986 Antarctic National Ozone Expedition pointed directly to a CFC-ozone link. "The evidence isn't final," he said, "but it's strong enough." Earlier this month, results from NASA's Punta Arenas project confirmed the bad news. Not only was the ozone hole more severely depleted than ever before -- fully 50% of the gas had disappeared during the polar...
...last week the stock started obeying all physical laws. The trouble began at a Sept. 17 Manhattan conference on the retail industry with Smith Barney as host. Dozens of top Wall Street analysts and institutional investors were assembled to hear reports from the leading companies. Many of the experts suspected that the news was not good. But the Wal-Mart Stores discount chain announced that sales were up sharply in September. The chairman of Toys "R" Us declared that though this was a slow period, he was excited about the Christmas season. True to Gap tradition, Chairman Fisher refused...
...scary. How long, they ask, can the market keep going up and up in a straight line? After all, as one of the oldest of all Wall Street cliches puts it, "Trees don't grow to the sky." Peter Furniss, a managing director at the brokerage firm of Smith Barney, Harris Upham, chooses a different metaphor. Says he: "It's like a college frat party. The music is loud, and everybody is having a wild time. But sooner or later, the cops are coming to bust up the party...
...BARNEY FRANK...
...only ones to have the guts to stand up to President Reagan when he was at his strongest," says Rep. Barney Frank...