Word: currently
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Dates: during 1990-1999
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...latest problem is just one more detour in the tedious search for Middle East peace, a process in which all sides have learned the delicate art of diminishing expectations, and how to put an epic spin on minor achievements. For instance, an agreement in the current talks will be heralded at a high-profile signing ceremony in Cairo, with Albright in attendance. Such pomp may seem a little over the top for an accord that amounts to no more than an undertaking to implement the agreement reached a year ago at Wye ? never mind that Wye itself, despite its dramatic...
...course, as the car. "Like rock 'n' roll and the movies, industrial design is one of the great art forms of the 20th century, and cars are the very height of industrial design," says Stephen Bayley, one of Britain's leading industrial-design gurus and the curator of a current exhibition on automobiles at London's Royal College of Art. No product but the car demands such elegance in spite of its complexity. No other consumer commodity is expected to be so exclusive and yet so affordable. So personal. So emotional. "I don't think [Target executive] Ron Johnson, Martha...
...industry today has no conscience. Nor does the current cinema possess half the wit, elan and social acuity of Hollywood in the dirty '30s. Those films were more than the sum of their smirks. They were expressions of an industry scrambling for survival, like their amoral heroes for sale, and doing it in a style--raffish, dynamic, truly adult--that we've hardly seen since...
...blame for the surge in margin debt? Aha. Some responsibility goes to Federal Reserve boss Alan Greenspan, who complained as far back as 1996 about the market's "irrational exuberance." Yet it is within his purview to raise margin requirements above the current 50%. However, that might tick off Wall Street, which earns more than 8% interest on margin loans. (Brokers are free to raise requirements on their own, and some have.) No Fed chairman since 1974 has moved to lift the limit. Individual investors--and not just day traders--also share part of the blame. Intoxicated...
Maybe Ken Starr could handle this one on his way out of town. In a case that reallyneeds an independent counsel, a Federal judge on Wednesday invited more than 12,400 current and former Justice Department lawyers to join a class-action suit worth a half billion dollars in which 200 Justice Department lawyers are suing the Justice Department for illegally cheating them out of overtime pay. The 1945 Federal Employees Pay Act, which requires overtime pay or compensatory time off if more than 40 hours are worked, has somehow never been enforced by Justice at Justice. The agency claims...