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...traders dismissed the Federal Reserve's quarter-point cut in interest rates as too puny and sent the Dow Jones industrial average plunging 448 points in two days. In Washington State, farmers watched helplessly as their grain piled into huge drifts for lack of Asian buyers. In slumping Brazil, Ford and General Motors, which only recently completed new plants in the country, had to cut production drastically. And the future could be grimmer still, according to the International Monetary Fund, which reported at its annual assemblage of world finance ministers last week that "the risks of a deeper, wider...

Author: /time Magazine | Title: Stickier Money | 10/12/1998 | See Source »

About the third year that I was in the House, the master at that time said to me the University had gotten some money from the Ford Foundation for education in the Houses or something like that. 'Would you like to teach a seminar on composition for students in the House?' [he asked.] And I said 'I don't think I'd be comfortable with that because I don't want to teach.' So then I thought about what I did do already in the House and I went back to him a couple of days later and I said...

Author: By Micaela K. Root, | Title: WELL-TEMPERED | 10/8/1998 | See Source »

...English professor; his wife Grace, a trusting garden designer; and Dwight Arno, a temperamental probate lawyer, converges on a common point of pain: the hit-and-run death of 10-year-old Josh Learner, Ethan and Grace's music-prodigy son, at the cold steel hands of Dwight's Ford Taurus. The death is an accident, all blood and vectors, but the dark, emotional dance that follows is shown to be as inevitable as fate...

Author: /time Magazine | Title: Books: Common Points of Pain | 9/28/1998 | See Source »

...FUMBLE! (1975) Athletic Jerry Ford trips, creates a career for Chevy Chase...

Author: /time Magazine | Title: Notebook: Sep. 28, 1998 | 9/28/1998 | See Source »

NAMED. WILLIAM CLAY FORD JR., 41, automotive heir; as chairman of the Ford Motor Co.; in Dearborn, Mich. Ford, great-grandson of Henry, will replace Alex Trotman in January 1999, a possibility TIME first reported last December...

Author: /time Magazine | Title: Milestones Sep. 21, 1998 | 9/21/1998 | See Source »

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