Word: getting
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Dates: during 1980-1989
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...wide, diagonal smile, some Mae West line seems ready to emerge. "Come up and see me sometime." And Frank Keller (Al Pacino), a good cop with no life, does just that. Though Helen is a suspect in the grisly murder case he is investigating, he can't wait to get to her. The feeling must be mutual: before making love to Frank, she strips off her red jacket with the urgency of a lifeguard en route to a rescue. They fight viciously, then lurch into a mad pash. She solders herself to his back; she climbs the wall, elevated...
...star-crossed: Friday the 13th in the month of October, on the eve of the second anniversary of a devastating market crash. "I'm telling you, psychology is really funny. People get crazy in situations like that," said portfolio strategist Elaine Garzarelli. Last week Friday the 13th lived up to its frightful reputation. After drifting lower at a sleepy pace for most of the day, the Dow Jones industrial average abruptly lurched into a hair- raising sky dive in the final hour of trading. By the time the 4 p.m. closing bell halted the rout, the index had dropped...
...heaviest blow to the market came Friday afternoon. In a three-paragraph statement, UAL said a labor-management group headed by Chairman Stephen Wolf had failed to get enough financing to acquire United. Several banks had apparently balked at the deal, which was to be partly financed through junk bonds. The takeover group said it would submit a revised bid "in the near term," but the announcement stunned investors who had come to view the United deal as the latest sure thing in the 1980s buyout binge. Said John Downey, a trader at the Chicago Board Options Exchange: "The airline...
...slide was its breathless speed. "We have a history of market bubbles and panics," says Allen Sinai, chief economist for the Boston Company Economic Advisors. "But because of the advance in communications, corrections that used to take days, weeks or months now take minutes. Any positive or negative events get communicated in seconds." Sinai added that while "a drop of 190 points is shocking and a source of great anxiety and nervousness, it doesn't suggest that the sky is going to fall. The lesson of 1987 is that financial markets often have a life of their...
Long-standing neglect at the Energy Department led to the dangerous deterioration of Government-run nuclear-weapons plants, and the department is currently dragging its heels on an estimated $150 billion effort to get the program back into shape. At the Department of Housing and Urban Development, new Secretary Jack Kemp is busy mopping up after eight years of Reagan-era mismanagement and scandal. The losses are running beyond $4 billion...