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Word: distressingly (lookup in dictionary) (lookup stats)
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Gold fever, the most infectious of monetary diseases during times of perceived economic distress and uncertainty, is epidemic. From Zurich to Chicago, from London to Hong Kong, goldbugs are scurrying once again to buy into their favorite hedge against disaster. With people battered by inflation and recession, worried about oil and lacking confidence in leaders and cures, the gold rush of '79 has turned into a stampede as schoolboys, housewives and pensioners have jumped in along with big investors. It is a surge that bodes little good for late-coming, small investors, the fragile international monetary system, the dollar...

Author: /time Magazine | Title: Business: The Glitter That Is Gold | 10/1/1979 | See Source »

...recent years, however, more seniors have been visiting the MHS. The predominant malaise of students today is uncertainty," Walters says flatly. Most of the students who use MHS "feel in distress from a choice of purposes--a career problem, the future, self-confidence or a family situation," he explains. Pre-professionalism has clearly had an impact outside of the classroom. In what he labels a society gone back to a "scarcity model," Walters asks, "What does a young person base his self respect...

Author: NO WRITER ATTRIBUTED | Title: Refereeing the Rat Race | 9/14/1979 | See Source »

Egan fought back by hiring William Shernoff, a Claremont, Calif., lawyer whose specialty is suing insurance companies for dealing in "bad faith" with their customers. In 1974 Shernoff not only persuaded a jury to award Egan $123,600 in damages for lost benefits and emotional distress, but he also won a whopping $5 million in punitive damages. That was a blow to Mutual's image as well as to its pocketbook: under California law, punitive damages are awarded to punish and deter "oppression, fraud or malice...

Author: /time Magazine | Title: Law: Big Bucks from Bad Faith | 9/10/1979 | See Source »

...this point, Brzezinski had not been displeased about Vance's distress over Strauss. The feisty Security Adviser had told intimates that he believed Strauss would eventually falter because of his lack of international experience, and this could only enhance his own standing. With Vance having already declared he would leave his job next year, and Carter devoting far less time to foreign policy, Brzezinski had become even more influential. White House aides contend privately that Brzezinski wants to succeed Vance, and he sees Strauss as a rival...

Author: /time Magazine | Title: Nation: The Question of Who's in Charge | 9/3/1979 | See Source »

...aswarm with street hawkers, who sell from boxes and truck tailgates an astonishing variety of jewelry, clothes, toiletries, fruits vegetables and assorted schlock. Some of the stuff is "hot"; last year about $2 billion in merchandise and food was hijacked from trucks or stolen from warehouses. The rest is distress merchandise that has not moved on the store shelves and is dumped at large discounts to middlemen, who field it out to street hawkers. City governments are trying to collect sales taxes from the vendors, but the vast majority pay nothing...

Author: /time Magazine | Title: Business: Take Cash and Skip the Tax | 8/20/1979 | See Source »

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