Word: coasters
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...early 1980s, Pickens began searching for riches on Wall Street, where one of the great roller-coaster rides in history was turning oil stocks into a bargain. Shares of the major petroleum producers had climbed sharply after 1979, when the Organization of Petroleum Exporting Countries nearly tripled the cost of oil. But then the price began dropping after 1982 as a world glut of oil developed. U.S. energy reserves, meanwhile, were dwindling. Pickens realized that oil company stocks were undervalued, and that it was both easier and smarter to get new oil reserves by taking over a company than...
...First Lady rides the roller coaster of her husband's politics, takes the buffeting of uncontrollable world events and suffers the brickbats of detractors in frustrated silence. She is damned if she tries to influence policy and damned if she doesn't. In some ways, her job is tougher than the President...
...hotel room; now he relies on naps in transit. Lately, Hart's handlers have tried to schedule only three major campaign events a day. "It's surprising to me," says Henkel, "that Gary is holding up so well, that his psyche is largely intact after this roller-coaster ride...
...Roller-coaster ride, shooting the rapids, demolition derby-almost any metaphor involving gut-churning ups and downs or collisions is apt. Candidates seem to think the electorate wants to see them endure incredible campaign pressures. Yet it is unclear whether surviving such a regimen is a measure of presidential mettle. Henkel, new to national politics, thinks not. "The Democratic Party has to face up to the punishment this process inflicts on its people," he says. "These four or five months of extremely intense activity are not the best test of a candidate's ability." Hart, however, has no real...
...CONTINENTS. For Hall, it has been a rough year on the roller coaster of notoriety, after triumphs in 1982 at the National (including Harold Pinter's Other Places) and the Glyndebourne Festival Opera (where Hall directed Orfeo et Eurydice). But last November he staged Verdi's Macbeth at New York City's Metropolitan Opera to a gang of mostly abusive reviews. Then this summer Hall premiered his production of The Ring of the Nibelung at Bayreuth, and things were no sunnier there. The work opened to bad reviews and an audience that sounded, as one reviewer wrote...