Word: chairman
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Dates: during 1990-1999
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Getting nervous? In the past two weeks, the Dow Jones industrial average has fallen 529 points, a drop of nearly 10% since its August peak, punctuating a dismal third quarter. Investors are hoping--praying might be a better word--that Fed Chairman Alan Greenspan will decide against the third interest-rate hike of 1999 when the central bank's Open Market Committee meets this week...
...billion Americans borrow from abroad--each day--to support their big appetite for foreign stuff. Result: this year's current-account deficit, which measures the gap in both trade and investment flows, is headed for $300 billion, up from $155 billion in 1997. That is worrisome to Joel Prakken, chairman of Macroeconomic Advisers, a St. Louis, Mo., forecasting firm, who says, "U.S. indebtedness is growing more than three times faster than the economy, and that can't be sustained...
...that old Chinese saying for the digital era his country is now embracing: "You can know everything from the Internet, but it cannot replace personal experiences with people." This was, indeed, the prime purpose of our Newstour. "It's hard to appreciate the changes in China," says Time Warner chairman Gerald Levin, "unless you experience them intimately and emotionally as well as intellectually...
...circumscribe free speech? Can unhindered expression, in its turn, become sheer offense? And how ironclad are the constitutional protections for edgy art that may amount to hate speech? In the end, art can be political, but it cannot affect the world the way politicians can. Says Bill Ivey, chairman of the National Endowment for the Arts: "The damage can outlast the politics of the moment...
...Stanton is retired, but he has spent his life associating with the elite in government and broadcasting. He was president of CBS from 1946 to 1971 and then vice-chairman until 1973. The same year, then-President Nixon named him principal officer of the American National Red Cross...