Word: boosting
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Dates: during 1980-1989
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...expected to grow 4% this year. Government actions have also spurred more stock buying. Since postal-system savings accounts lost their tax-sheltered status in April, some of the $2.3 trillion invested in them has moved into the market. Also, the government has allowed life-insurance companies to boost from 3% to 5% the percentage of their assets that can be placed in special stock-investment funds, known as tokkin, which offer investors reduced exposure to capital-gains taxes...
Critics say that at any given time, Nomura pushes a few particular stocks, which invariably rise in value. The problem is that Nomura's decision to boost a stock becomes a self-fulfilling prophecy. For that reason, Nomura is sometimes accused of manipulating the market...
When Polaroid announced two weeks ago that it was reducing its work force by as much as 8% and putting more stock in the hands of the remaining employees, Wall Street realized immediately what the company was up to: trying to boost the price of its shares and protect itself against takeovers. Little did the markets know, however, that Polaroid was already being stalked by a raider. For weeks, Shamrock Holdings, the investment company owned by Roy Disney, Walt's nephew, had been secretly accumulating Polaroid stock. At the same time, Shamrock sent letters to Polaroid's management proposing...
WISEGUY (CBS, Wednesdays, 10 p.m. EDT). A new slot in summer reruns has helped boost the ratings for this intelligent, hard-boiled crime drama, featuring Ken Wahl as an undercover cop on the trail of slimy bad guys...
...Biennale, which began in 1895, is the oldest living, official new-art event. Through the '50s, it acquired an inimitable prestige, and its prizes were held to be enormously important in the marketing of an artist: nothing could have given Robert Rauschenberg's career a faster boost than winning the Gran Premio in 1964. This changed in the wake of '68, when art-student radicals occupied the Accademia di Belli Arti, in protest against the commodification of culture (how many of them, one wonders, are art dealers today?). In panic, the Biennale decided in 1972 to jettison the prize system...