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...trading. The anniversary last week was a Big Bath. Chancellor of the Exchequer Nigel Lawson complained that he did not know why London "should be following Wall Street quite so slavishly." Samuel Brittan, widely respected economic commentator for the Financial Times, ventured a prediction that the stock slump would clip half a point off Britain's 3.0% projected growth rate next year. Prime Minister Margaret Thatcher called for a healthy dose of budgetary realism in Washington, and Chancellor Lawson reminded tight-fisted central bankers in Bonn that it was a credit crunch that turned the 1929 Crash into the painful...

Author: /time Magazine | Title: The Crash: Ups And Downs in the Global Village | 11/9/1987 | See Source »

Goldman said he thought CBS's use of the video clip could not have violated the law because there was no systematic distribution of the material...

Author: By Liam T. A. ford, | Title: Footage From BU Program May Break Law | 10/31/1987 | See Source »

...peices of positive economic news released today were virtually ignored by Wall Street. The government reported that consumer prices rose a modest 0.2 percent in September while the gross national product surged ahead at a 3.8 percent clip...

Author: By The ASSOCIATED Press, | Title: Stock Market Climbs in Hectic Trading | 10/24/1987 | See Source »

Classical music is heard in the background as the man drives out of the cloud smiling and continues his journey. The smoke dissipates behind him, revealing a bloody mess in his wake. Camera swings into his unscathed car. He is patting the special paper-clip--I mean "Safety Clip"--that hangs attractively from his dashboard. A voice-over ends the commercial...

Author: By Eric Pulier, | Title: Morons and Millions | 10/8/1987 | See Source »

...about a prostitute who marries the president, called "First Lady of the Evening," featuring "large, easy-to-read print and no big words." Movie reviewers critique the life of one of their viewers as he watches, calling him a bore and describing his life (from which they show a clip) as uninvolving...

Author: By Gary L. Susman, | Title: Amazing Amazons | 10/2/1987 | See Source »

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