Word: belling
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...order to develop, it has to walk the talk of liberalism," says Florence Eid, a Middle East partner at American hedge fund company Pantera Capital Management. Of course, the finance industry is driven by commercial imperatives, not social ones. "This is not about women's liberation," says Graham Bell, managing director of Bridge Partners, a wealth-management firm in Dubai. "It's about money...
...pole, Madonna easing a whip past her crotch, dancers gyrating in auto-massage), but it soon gives way to simpler, sunnier images. For Rain, Madonna dons demure black; the look says, ''Listen to the sad ballad, the sweet harmonies.'' For Express Yourself, she's dolled up in royal blue bell-bottoms and a frizz wig, to pay homage to the gaudy innocence of the Cyndi Lauper era. The Wayback Machine keeps spinning until we are in Weimar * Berlin, with Madonna in Dietrich drag warbling Teutonic twaddle: ''Like a wer- gin, touched for the werry vurst time.'' She is Carmen Miranda...
...largest communications deal in American history might never have come to pass last week if Bell Atlantic chairman Raymond Smith and Tele-Communications Inc. president and chief executive officer John Malone had not got stuck on a boat off the coast of Maine. The merger talks were going nowhere that August afternoon when the two men decided to head back to shore, only to find that the anchor of Malone's 70-ft. sailboat had snagged an underwater power line. While divers spent two hours cutting the boat free, Smith and Malone had little choice but to continue trying...
...method at Bell Atlantic is to decentralize operations, and John, as vice chairman, will have those kinds of responsibilities.'' Still others believe Malone will soon move on. ''It's inconceivable to me that John Malone is going to report to someone else,'' says a competitor who knows him. ''John's the smartest man I've ever met, and he had too many things going on to let Ray Smith run things. I think it says that John is ready to try something different.'' The two men are an odd couple by any standard. While they share a passionate vision...
Wall Street had its ups and downs last week--plenty of both. After the opening bell rang at the New York Stock Exchange on Monday, the Dow Jones industrial average plunged 45.75 points, to 1840.15, the worst one-day decline in history. Trading veterans, by now used to the spectacular gyrations of the ) continuing bull market, were relatively unfazed. For one thing, the drop represented only 2.43% of the Dow's value, a far cry from catastrophe. Sure enough, the plunge soon halted, and on Friday the Dow stormed back 36.06 points--its eighth-best day ever--to close...