Word: felix
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...such, this recovery is doomed to fall through the trap door of 200-plus billion dollar budget deficits extending as far as the economic forecaster's eye can see. The runaway deficit is, in the words of Democratic economic guru Felix Rohatyn, "a prescription for national bankruptcy," the threat of which to our well-being is matched in direness only by the myopia with which Reagan is approaching the problem...
...principle, the Justices of the U.S. Supreme Court do not write laws, they merely apply them. They "breathe life, feeble or strong, into the inert pages of the Constitution and of statute books," wrote Justice Felix Frankfurter...
Strong-willed jurists, pent up together for decades, inevitably feud. Earlier courts were riven by fierce ego and philosophical clashes, like the long-running one between William Douglas, an unabashed activist, and Felix Frankfurter, apostle of "judicial restraint." By comparison, the Burger Court is a pretty tame place. "This court is not characterized by the struggle of titans," says Virginia's Howard. The current Justices are perfectly civil to one another...
Only a few days earlier, a similar drama had been enacted in the Caribbean skies. A Venezuelan Aeropostal airliner, en route from Caracas to Curaçao with 87 passengers and crew aboard, was hijacked by self-proclaimed Haitian Rebel Hilertaut Dominique and his Dominican accomplice Felix Segundo Castillo. Armed with gasoline and pistols, the two forced the pilot to fly the plane first to Trinidad, then to Aruba, and finally to Cura...
...Said he: "The more leveraged takeovers and buyouts today, the more bankruptcies tomorrow." Reason: the companies are vulnerable to high interest rates and a down turn in business because of the large loans they have taken on to finance their own purchase. Shad's views echoed those of Felix Rohatyn, a senior partner in the in vestment banking firm of Lazard Freres, who believes that buyouts are too speculative. Says Rohatyn: "We are turning the financial markets into a huge casino...