Word: downwardly
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...fast-track careers of Novelists Jay McInerney, 31, and Bret Easton Ellis, 23, have intriguing parallels. McInerney's 1984 best-selling fictional debut, Bright Lights, Big City, chronicled the downward spiral of an unnamed young writer who delves into New York City's nightclub netherworld with the help of his fast-talking best friend, Tad Allagash. Next year Ellis' Less than Zero caused a publishing sensation with its stark portrayal of sybaritic youth in suburban Los Angeles. Both writers' books are currently being made into major motion pictures. And both writers are slated to come out with new novels within...
...move is Fed Chairman Volcker. Some stories have it that he called Reed personally to complain about the write-off. Why? If banks rush to follow Citicorp's lead, the industry might be so weakened by losses that the Fed would eventually feel obliged to help out by putting downward pressure on interest rates. But that would run counter to the Fed's efforts to buoy up the weak U.S. dollar. Says Timothy Scala, money-market manager for Buffalo-based Manufacturers and Traders Trust: "This demonstrates just how grave the situation...
...move was expected. Hill Street's ratings have been on a downward slide, and last December the series was unceremoniously evicted from its longtime Thursday-night time slot. Several cast members, including Daniel J. Travanti (Captain Frank Furillo), had said they would leave after this season. The show's producer, MTM Enterprises, was reluctant to continue churning out the expensive hourlong episodes (average cost: $1.5 million). "There was no financial reason to go on," says Executive Producer David Milch, "and aesthetically nothing left to prove...
...might try. Alas, he does not straighten his arm, as in a javelin throw, but starts the motion somewhere behind his right ear, as if throwing a fastball. The spear sails up, too high, and at the apex, points straight skyward, and then collapses in the air, subsiding downward on its butt, ignominiously, like one of the early failed rockets from Cape Canaveral. Lord Delamere would not wish to hunt lion with the American...
...measure with part-timers, creating a new class of "academic gypsies." Among the 32,000 professors in California's university system, the country's largest, about 33% are temporary. Nationally, of 700,000 faculty, 30% of professors in some of the liberal arts are not permanent; the percentages range downward in other fields. Emily Abel, a researcher at the University of California, Los Angeles, and author of a book on college employment, says of the growing race of gypsies, "They're like any part-time employees that McDonald's would hire . . . cheap labor that colleges and universities are relying...