Word: flooding
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Dates: during 1960-1969
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Traditionally, brokerage firms have been financed out of partners' pockets. But private capital can no longer hire the clerks and lease the computers needed to handle the flood of paperwork created by the huge increase in trading volume, nor can private money support the costly research staff demanded by today's increasingly sophisticated investor...
...Bible says the reason that the flood came was that lawlessness had spread all over the world and sensuality had spread all over the world. Jesus said, "As it was in the days of Noah, so shall it be when the Son of Man comes back." He said there would be a worldwide rebellion. Well, we see that going on now. He said that there would be an obsession with sex at the end of history, and we see all of that going...
...Cinema Authors. "Any pornography or morbidity is preferable to repression." Strong words, and stronger still was the action taken by the association in angrily expelling famed Director Franco Zeffirelli (Romeo and Juliet, The Taming of the Shrew). His colleagues were enraged because Zeffirelli had been campaigning against the current flood of sex films in the Italian cinema, saying that they show sex as vulgar and ugly and suggesting that some moviemakers on the edge of bankruptcy had been saved by pornography. Countered Zeffirelli: "I committed no antidemocratic act. The association is a Mafia in which dissenting voices and opinions...
...Federal Reserve Board moved again last week to curtail the credit supply by proposing reserve requirements for Eurodollars. Board members want to stem the flood of those dollars that banks have been importing from European branches by the billions and then lending out. The Federal Reserve has misread the economy twice in the past three years and has prematurely expanded credit. It is not likely to do so again until the signs are unmistakably clear that inflation has been reversed. The latest readings of the consumer price index and the leading indicators suggest that what the Federal Reserve...
...good European restaurants -usually for a reason. Perhaps the waiters do not speak English, or the maitre is invariably rude to Americans. Sometimes Fielding leaves one out simply because it is too good and already has all the business it can handle. Why spoil it for himself with a flood of U.S. tourists? Occasionally, Fielding just trips up. To fill gaps in the 1969 Guide, TIME asked its correspondents in London, Paris, Rome and Madrid to describe some notable Fielding omissions. Their recommendations...