Word: feds
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Dates: during 1980-1989
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Consider the meager six sites deemed to have been cleaned through the Superfund. After a nine-month-long spill of chemicals into the Susquehanna River starting in 1979, it was found that a small Pennsylvania company had / been systematically, and illegally, dumping toxic wastes into shafts that fed into the Butler Tunnel, an outlet for waste water from abandoned coal mines near Pittston, Pa. Three men were convicted of violating the state's Clean Streams Act, and one was sent to prison. The three and their company were fined $750,000. EPA supervised the cleanup of the river pollution...
There's not the same compelling reason to see James Dean's REBEL WITHOUT A CAUSE (Orson Welles), except to toss the title around. Here we have desperation at its most stylish and vacuous, the new boy in town who has to pose tougher than a steroid-fed General Patton. But it's not just a cause that The Rebel needs, it's a family, friends. Where Natalie Wood's acting slips up a little, the skillful filming covers up, setting Dean in a fraction of a frame filled with lonely cliffs and ravines...
...seventh floor of the bank's Italianate building on Wall Street, six currency traders carry out the Treasury's instructions. Hunched over a circular desk crowded with jangling phones, they buy and sell dollars at U.S. banks while glancing regularly at overhead monitors that flash currency transactions. "The Fed people just love intervening," says a former Treasury official. "They're like little kids with...
Throughout the day, Fed officials in New York City consult with their Washington counterparts, discussing trading activity and receiving new instructions. At 2:30 every afternoon, the Treasury and Fed offices in New York and Washington hold a conference call...
...dollar's price can lead to orders to buy < or sell. Traders also wage psychological warfare. They did that last week simply by calling private banks and asking for the latest currency quotes. The jittery dealers on the other end took the calls as signals that the Fed was in the market, and rushed to sell more dollars...