Word: go-go
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Even in an era of perilously go-go thrifts, the two California savings and loan associations seemed to be looking for trouble. One of them loaned money for energy schemes ranging from windmill farms to cow-manure incineration, while the other served as a whimsical and allegedly fraudulent investment machine for its owner, a former dentist. Last week federal regulators said they would liquidate the two ailing S and Ls, a drastic step for institutions so large. The Federal Savings and Loan Insurance Corp., which guarantees thrift deposits, will spend a record $1.35 billion in cash...
...United Nations headquarters, designed in large part by Niemeyer, was going up a few blocks southeast. Both men were the quintessentially Establishment architects of their generation. And, with success, both tended toward mannerism, became immune to tempering influences and got carried away with the thrills of go-go grandiosity...
Want to follow the ups and downs of cable television? Just watch Ted Turner, Atlanta's brash cable mogul and America's most entertaining businessman. In the go-go years of the 1970s and early '80s, Turner was the cable industry's chief cheerleader, creating the nation's first satellite-beamed superstation, WTBS, and confounding skeptics by successfully launching TV's first 24-hour news channel, the Cable News Network. In the mid-'80s, however, the cable industry hit a slump, and so did Turner. His 1984 attempt to start a music- video channel died after just...
...quarterly Traveler charging that the overall appearance of Evans' magazine is strikingly similar to National Geographic's publication. At Trips, Ziegler denies that hard times in the parent clothing chain will trim the magazine's sails. And industry analysts still wonder if the market can soak up so many go-go competitors -- particularly since travel- related companies put only one-fifth of their ad budgets into travel magazines...
Shecter, who did his first rapping on a radiostation in Philadelphia, works at WHRB, Harvard'sradio station. He runs a show called "Street Beat"with his roommate Go-go Dave (alias David M. Mays'90) on Fridays from 10 p.m. to midnight. Shecteris also acting in the play Gang's NewThreads, a rap musical to be staged inLeverett House February...