Word: bernards
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Dates: during 1990-1999
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...YORK: The Kremlin is filling up with familiar faces, and Wall Street is nervous. You should be too. "I'd be very wary of doing anything in the stock market this week," says TIME business reporter Bernard Baumohl. "Everyone's very, very nervous about Russia -- expect the markets to stabilize at best, and possibly show a net loss...
Geoffrey isn't the first Fieger to draw some limelight. His dad, the late Bernard Fieger, was a prominent Detroit labor lawyer, and his mother June was a union organizer. Of three siblings, younger brother Doug enjoyed the most fame, as the lead singer of the rock group the Knack, whose song My Sharona topped the charts worldwide in 1979. Sister Beth is a writer. But the family isn't surprised that Geoffrey has become so colorful in his work. "Look at the people who will go on the Jerry Springer show and display the most hideous aspects of their...
...economy has slammed on the brakes, growing only 1.4 percent in the April-June quarter. But if it doesn't worry Alan Greenspan, it shouldn't worry you. "This is exactly what economists were hoping for: The beginnings of a soft landing," says TIME business reporter Bernard Baumohl. "The Asian crisis is starting to hit us, and a slowdown was inevitable. This one, especially balanced with the abnormally high first quarter...
...There's really no sign that the economy will overheat soon," says TIME business reporter Bernard Baumohl. "But Greenspan has to maintain his role as captain of the economy. If he admits that the economy is on autopilot -- which it is right now -- the Fed loses its relevance." Usually such vocal vigilance from the Fed chairman portends a hike in interest rates. But Baumohl says Greenspan still hopes that a "soft landing" -- in which the U.S. economy, dulled by Asia's recession, "sort of taps its brakes and cools off on its own" -- will allow him to do nothing...
...Chicago, Dallas and Miami if their competitors demand it. And with Virgin's Richard Branson charging that the EU wasn't harsh enough, the pressure on British-American isn't likely to let up. "There's no certainty that this deal will finally be consummated," says TIME reporter Bernard Baumohl. "The extent of the sacrifice demanded by the EU regulators makes the venture a lot less lucrative for the two airlines than it once seemed...