Word: boom
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Dates: during 1990-1999
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...scandals that toppled several governments. Officials devalued the lira nearly 50%, which almost doubled the cost of repaying Ciga's $670 million debt. Property values plunged, eating away at the collateral of Ciga's creditors, and the war in the gulf deflated what was left of the 1980s travel boom. Many of Ciga's hotels emptied virtually overnight. "They were good guys, really," says the London banker. "But the problem was they had no way to make money from the hotels despite the high prices they were charging...
...have flocked as well. Bonds took off on a powerful rally last November that has pushed long-term yields to their lowest level in 20 years (the higher a bond's price, the lower its interest yield). A spurt in interest rates would have the opposite effect, halting the boom and sending bond prices spiraling down...
Finally, Banks sighs and sits behind a table in front, hands in her lap. She does nothing to stop the class from replacing the classical cassette with one of their own rap tapes. "Rap began a long time ago," she says softly, as the bass begins to boom over her voice. "It's gone through about three forms already...
...three boys and host of a TV handyman show -- covers all its bases shrewdly. It combines the ironic edge of Allen's stand-up comedy -- a sort of , macho flip side to Roseanne Arnold's beleaguered-housewife rants -- with traditional family-show sentimentality. It caters to the baby-boom audience while poking gentle fun at it (the kids are puzzled when Mom, played by Patricia Richardson, mentions such names as Edgar Bergen and Ed Sullivan). It toys with the sitcom format in ways both inventive (the little flourishes of animation that divide scenes) and annoying (the episode outtakes that...
...Boom...