Word: giant
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Dates: during 1990-1999
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Harvard Film Archive. 24 Quincy St.,Cambridge. 495-4700. $5 for students, unlessspecial event. "Appleseed" at 5:30 p.m. "MacrossII" at 6:30 and 9:30 p.m. "Giant Robo" at 7 p.m."Macross Plus" at 9:30 p.m.18 February Saturday
Technology firms that compete with giant Microsoft Corp. were overjoyed by a judicial ruling that cold reopen a federal antitrust case against the dominant computer software company. But they are still a bit wary, as they try to figure out just how the development will affect them. U.S. District Judge Stanley Sporkin's decision to throw out the settlement of a Justice Department antitrust action against Microsoft could lead to a stiffer settlement, requiring Microsoft to let competitors write software for its operating systems, which run some 80 percent of all personal computers. But TIME correspondent David S. Jackson says...
That was the lesson for Wall Street investors as well. What many Americans discovered last week was that for all the Beltway rhetoric pitting Wall Street against Main Street, Wall Street long ago intersected with Main Street. At risk in the region were not only U.S. banks and giant investment firms but mutual funds held by tens of millions of little-guy investors who bet their savings on double-digit yields in emerging markets like Mexico. ``This wasn't about bailing out Wall Street,'' a congressional staff member said of last week's Executive Order, ``but about mutual funds...
...helped by the fact that he entrusted the job of winning votes in Congress to ex-Wall Street whiz and newly appointed Treasury Secretary Robert Rubin. The former co-chairman of Goldman Sachs knew many of Mexico's leading industrialists (his business contacts included Telefonos de Mexico; cement giant Cemex; and Banco National de Mexico, the country's largest bank). But after two years as head of Clinton's National Economic Council, Rubin knew little about lobbying Capitol Hill. Although Treasury had prepared a state-by-state analysis of how a Mexican meltdown would affect U.S. employment, for example, most...
After days of freezing rain, the rivers of northwestern Europe surged over their banks to engulf towns and cities in Germany, France, Belgium and--worst hit--the Netherlands. Dutch authorities, fearing that some of the country's giant earthen dikes would collapse, evacuated more than 200,000 people from the land between the Meuse and the Waal rivers. Thirty deaths were reported across Europe, with total damages estimated at more than $2 billion...