Word: bottoms
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Dates: during 1980-1989
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...interest rates, few S and Ls should be savaged, as they were in the early 1980s, by having to pay high rates to depositors while receiving low yields on long-term mortgages. Furthermore, real estate prices in the Southwest cannot stay depressed forever. "We're at or near the bottom of the cycle for the Texas economy," says William Gibson, a former Continental Illinois banker who, with other investors, last month paid $48 million for twelve troubled Texas S and Ls (combined assets: $2.4 billion...
However, the Harvard field hockey team, despite losing coach Nita Lamborghini, could not afford a break in its climb from the bottom of the standings...
...sense, auto and airline congestion are parallel problems, each with its own causes and remedies, but the two forms of gridlock intersect in a harmful way on the bottom line of U.S. businesses. Congestion is helping boost the total cost of moving people and goods, which amounted to $792 billion in the U.S. last year, or 17.6% of the gross national product. Delays and disruptions can quickly spread inflationary price increases through the economy. Case in point: gridlock can play havoc with the just-in-time inventory system, a popular Japanese-style management technique in which manufacturers bring in parts...
...flashiest and supposedly easiest of their drills. Nine of the jets split into two formations and flew loops forming a heart, while trailing red, white and green smoke. The tenth, piloted by Ivo Nutarelli, 38, arched down in a solo loop intended to take him through the bottom of the heart as the two formations passed each other beneath...
...most troublesome elements in the garbage stream is the soaring use of plastic, which is difficult to burn or recycle and, because it is not biodegradable, will clog landfills for centuries. Early efforts to produce plastics that decay were less than successful: some disintegrated under sunlight, unavailable at the bottom of landfills. Others came apart after contact with water, causing supermarket executives to shudder at the thought of what would happen to the groceries in a plastic shopping bag containing a leaky milk bottle. But now there is a method of adding cornstarch to some plastics. Bacteria eat the starch...