Word: developers
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Dates: during 1980-1989
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Airbus has a lot riding on the A320's success. Founded 18 years ago, the consortium has spent nearly $2 billion over the past four years to develop the high-tech plane. Although Airbus has succeeded in selling its earlier models, the A300 and the A310, to 58 airlines, the consortium's continuing losses have been aggravated by the weak dollar. The aircraft manufacturer prices its planes in U.S. currency but must pay most of its expenses in relatively stronger European currencies. The consortium last year boasted a 23% share of all worldwide aircraft orders, placing it behind Boeing...
Like any Hollywood animal, Olmos thinks on a grand scale, in broad, confident strokes. It is not inconceivable that he might play Hamlet or Kowalski. Or he might take on heroes like Coriolanus or Willy Loman. But consider this option: suppose he decided to develop a movie, Spielberg-style, about a Hispanic family in the suburbs, coping the American way. Instead of a tragic figure, he would be playing Eddie Average. (Then perhaps Eddie II and III). It would be Close Encounters of a fresh new kind, and the vast audience watching the melodrama might also start to recognize...
...government lends its pension cushion to provinces to support schools and build roads, and Sweden's fund is used to finance mortgages and pay off debt. Lending the money can be a good idea, says Barry Bosworth, a senior fellow at the Brookings Institution, "if the loan goes to develop capital growth and productivity rather than consumption...
...recovering drug addicts to walk their sidewalks? "Put it in Nancy Reagan's backyard!" was the shrill cry when neighbors demonstrated against a proposed drug treatment center in California's San Fernando Valley. While many worries may be unfounded, experts believe planners and politicians must address the emotions people develop in such situations. Perry Norton, an emeritus professor of urban planning at New York University, advocates tax abatements for homeowners who live near an undesirable public facility, or a guarantee on the resale value of their homes...
...suburban Maryland home by 8 in the evening to tuck in his two young children. When he isn't chain-smoking Marlboros, he is nibbling on pretzels from a huge jar on his desk. More than any other White House staffer since Michael Deaver, Duberstein has taken pains to develop a good relationship with Nancy Reagan. He and the First Lady talk at least twice a day. Duberstein's energy and loyalty led Baker to compare him to a bird dog. Hence Baker's nickname for him: "Duberdog...