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...Everyone's favorite float was the full-sizedbroccoli tofu with spicy peanut sauce and thedining hall checkers dancing around," Hoey says...
Earthquakes frequently occur along the boundaries of continental plates, huge sections of the earth's crust that "float" on a mass of superheated rock. California's San Andreas Fault, for instance, marks the dividing line between the North American and Pacific plates, which are slowly slipping past each other. But the New Madrid fault lies in the middle of the North American plate, seemingly far from harm's way. Why do earthquakes occur in such an out- of-the-way spot? By analyzing seismic data, scientists have concluded that the New Madrid fault is a failed rift, or break...
...term banking crises, but over the long haul, more dramatic changes are needed. During the past 20 years, commercial banks have been muscled out of many of their traditional lines of business by other segments of the financial industry. Most important, few major corporations still borrow from banks; they float their own commercial IOUs. When banks looked for borrowers elsewhere, they ran into one bad risk after another, most notably the Third World countries. Says Katherine Hensel, a banking analyst for Shearson Lehman Hutton: "Just look at the legacy here. On the heels of the ((Third World)) debt problem, other...
...humble bathtub companions have suddenly become a hit on the charity fund-raising circuit. Participants in the derbies typically donate $5 to adopt a duck, which has a number printed on its bottom. The rubber duckies are dumped en masse into the water; as they float downriver across the finish line, a special duck trap scoops up the winners...
...postponing shock therapy for the Soviet economy -- the core of the remedy recommended by Hewett and Hornik -- has redoubled doubts about whether the U.S.S.R. will make it. Still, nobody is counting Gorbachev out yet. "We can't just take what he is saying, that he won't let prices float, at face value," says Hewett. "This is not the kind of thing that you announce with a lot of lead time." In the end, the Soviet President -- whom Hewett calls a "man I would not want to play poker with" -- may well find our authors' prescriptions more useful than...