Word: ever
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Dates: during 1990-1999
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...least making a good show of being ready to step aside and take on "spouse of" status. "He eased right in to being the No. 2 person, an opening act, not the headliner," said Harvard law professor Alan Dershowitz. "And he looked more relaxed and happy than I've ever seen...
...reformers hope for. "Almost exactly the same amount would be spent but in different ways," predicts University of Virginia veteran campaign-finance watcher Larry Sabato. Companies, trade groups and unions would fund more grassroots organizing, phone banks, voter-registration drives and ads, among other things, he asserts. Assuming that ever creative political pros will always find--or make--a hole in the dike through which more money can pour, some argue that trying to limit contributions isn't the best approach. Yale law professor Ian Ayres and Stanford economist Jeremy Bulow proposed last year in an article in the Stanford...
...Closure? Not by a long shot. First there are the appeals. Dodi's father, the conspiratorially minded Mohammed al-Fayed, has been publicly planning an appeal ever since it became apparent that the court would absolve the photogs. And then there are the lawsuits. The only survivor of the crash, Diana bodyguard Trevor Rees-Jones, may sue the Ritz and the limousine company that leased the crashed Mercedes; meanwhile, Diana's family and the English royal family are reportedly considering legal action. But the biggest drama still to come will be from the official British inquest, which could not start...
...from new financial woes erupting abroad but from something happening here. It is the explosive growth in margin debt--loans Americans take out to buy stocks. Margin debt has shot up to $180 billion at midyear, a 25% increase in just six months and by far the most ever recorded. It now accounts for 1.2% of the stock market's total capitalization...
...lost so much money on the stock you bought with borrowed funds that you have to dig into your own pocket to meet the margin requirement or dump stocks you already own to raise the money. If you don't, the broker can sell your securities--and will he ever!--without notifying you. Given the historic level of margin debt out there, a wave of forced selling could lead to a violent downdraft in prices and possibly end the nine-year economic expansion...