Word: circuits
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Dates: during 1980-1989
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Reagan is also a preacher -- or, perhaps, a traveling salesman. He believes that the mashed-potato circuit, and now the caviar circuit, is made for hustling. He came to Moscow firm in his intent to discuss human rights rather than wrestle with the details of arms control. And discuss he did. Partly this reflected his need to burnish his hard-nosed conservative credentials back home: there was worry that he seemed more glowing in his endorsements of Gorbachev than of George Bush. But mainly it was because Reagan enjoys being a missionary and a teacher...
...said "Colonel North is on the lecture circuit and receives $20,000 a lecture. He certainly doesn't carry a stigma that would be prejudicial in this case...
...curbed Chicago's latitude. Last week, however, a White House working group on the crash delivered a quite different report, one that essentially exonerated the futures markets. The group, which included Treasury Secretary James Baker and Federal Reserve Chairman Alan Greenspan, recommended only one significant safeguard: a so-called circuit breaker that would interrupt trading in most U.S. financial markets for one hour if the Dow fell 250 points from the | previous day's close and for two hours if it dropped 400 points. In congressional testimony later in the week, Greenspan defended stock-index arbitrage and computer trading...
Salinger sued. The lower court found that Hamilton had made "fair use" of the letters. But the Second Circuit Court of Appeals in New York reversed the ruling in a decision that not only reinforced existing copyright law but also limited the manner in which a writer could describe copyrighted material in his own words. Hamilton went reeling back to his writing table, and the publishing business went into a tizzy. "Biography is a legitimate literary pursuit," says Jason Epstein, Hamilton's editor at Random House. "Salinger's reluctance to be written about, if ceded, could threaten the whole genre...
...fact, Hitech is so smart it disdains playing its fellow computers. Since 1986, Hitech has been competing on the regular chess circuit, matching wits only with humans. It has a solid master's rating of 2376, well behind former World Chess Champion Mikhail Tal, the top-ranked player in this tournament, with a 2700 rating, but Hitech is a dangerous enough competitor to have caused a minor furor last August by scoring a first-place finish in the Pennsylvania State Chess Championship. It is the 22nd-ranked player in the National Open...