Word: faste
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Dates: during 1980-1989
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...fast-buck artists who contributed to the savings and loan crisis, Herman Beebe Sr. is among the most notorious. Rising from an impoverished boyhood in Louisiana's woods, Beebe had built, by the early 1980s, a $150 million financial empire that stretched across the Sunbelt. But the brash, stocky financier was actually a ringleader in a network of good ole boys who helped ruin more than a dozen savings institutions by handing out as much as $10 billion in reckless loans -- some of which ended up in Beebe's own pocket. Recalls Beebe's son Ken, who worked...
...expected to be approved by the Italian government, was a coup for the U.S. firm. AT&T triumphed over a homegrown bid from Fiat, as well as proposals from French, West German and Swedish competitors. The Italian project will help give AT&T a strong foothold in the fast-growing European telecommunications market. Italtel, for its part, hopes to parlay its new association into expanded phone-equipment exports...
Scientists have been able only to theorize about the origin of pulsars, those superdense, fast-spinning celestial objects that appear to blink on and off as % often as every millisecond. Now the mystery seems to be solved. Last week an international team of astronomers announced that they had detected a pulsar emerging from the murky dust clouds left over from Supernova 1987A, a giant star that exploded about 170,000 light-years from earth and was first seen two years...
Because the new pulsar is so young, it is spinning almost unimaginably fast. Its "day" is only one two-thousandth of a second long, and while the earth's equator rotates at about 1,000 m.p.h., the pulsar's is moving at more than 200 million m.p.h. By rights, the pulsar should fly apart, but it is so dense -- a teaspoon of it would weigh 300,000 tons on earth -- that its gravity holds it together. Says Richard Muller of Lawrence Berkeley Laboratory, a member of the discovery team: "We can't help being astounded by what we are seeing...
...suburbanites take heart, for Washington does have real malls. Near the Mall, you will find the Shops, the Post Office Pavillion and new Union Station, all overpriced and blessed with collections of those little fast-food stands...