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...according to a British government source. TIME London bureau chief Barry Hillenbrand says Leeson is the oldest of four siblings born to a blue-collar family in a London suburb, an average student who did not attend college and began his career as a bank clerk.Post to Business "Baring Bros. Collapse...
...currency float. Now Zedillo is taking the politically risky steps of slashing government spending and jacking up interest rates to slow the economy and wean it from its dependence on ``hot money''--foreign investments in securities that can easily be dumped. Says Allen Sinai, the chief economist for Lehman Bros.: ``Mexico must swallow a recession. If the government can hang in there and people can live through a year of austerity, the economy will be on its way. But it's going to be a real test of the country...
Michigan J. Frog was a singing amphibian who appeared in a single Warner Bros. cartoon, One Froggy Evening, back in 1955. He would burst into exuberant renditions of The Michigan Rag and I'm Just Wild About Harry for his delighted owner. But the minute anyone else showed up, all the frog could emit was a feeble croak, driving his owner from dreams of instant wealth to the brink of insanity. The cartoon is not exactly an uplifting parable for a company on the verge of a new venture, but this week the frog will be reincarnated...
...games, sports, news, movies. He entered a computer-generated shopping mall, complete with a white stucco Crate & Barrel store and the curved glass facade of Sharper Image. He visited a Post Office shop that offered next-day stamp delivery and three-hour package pickup. He popped into the Warner Bros. Studio Store, where he ordered a pair of $10 raspberry-colored baseball caps. He visited the video-game area and played interactive gin rummy with the Willards, the FSN's first live customers, who were sitting at a TV set down the road...
...sold roughly two boxes in Japan for every one in the U.S. Those sales bought Hawkins enough time to get the second generation of software in place, including some flashy new titles such as Road Rash and FIFA Soccer. He still doesn't have that killer application -- a Mario Bros., say -- that could turn it into a machine game players feel they have to own. But he's got a few months to find one before Sega and Sony -- and possibly Nintendo -- land in the U.S. with their next-generation systems...