Word: gray
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Dates: during 1980-1989
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Dawn broke under gray skies this morning, and a light rain fell on the Imperial Palace as priests performed a private Shinto rite inside that began 13 hours of ceremonies...
...Gray had an ethical problem of his own. Newspaper reports disclosed that during Bush's eight years as Vice President, Gray made as much as $50,000 a year as chairman and a director of his family's $500 million communications company, while collecting his pay as Bush's counsel. Bush did not fire Gray, or even hold his nose. The President defended the legality and benign intent of his aide, showing the same kind of myopia toward one of his own that got Ronald Reagan in trouble. By midweek, however, Gray had resigned from the corporation...
...Edwin Gray, chairman of the Bank Board from 1983 to 1987, bitterly accuses congressional leaders of bowing to industry pressure. He claims that S & L lobbyists tried to coerce him by warning that his future career in the business would be ruined if he opposed them. One of the biggest defenders of S & L liberties was Texan Jim Wright, now Speaker of the House. Wright has been under investigation by the House Ethics Committee, which has been trying to determine whether he used "undue influence" in dealing with officials of the Bank Board...
...thrift industry that survives the coming decade will probably look very different from what it is today. Says Jonathan Gray, who follows the industry for the Sanford C. Bernstein investment firm: "If there's one word to describe the industry's future, it's turmoil." Gray envisions a severe industry shake-out. In just a decade, he points out, the number of U.S. thrifts has already fallen from 4,200 to less than 3,000. By the late 1990s, he predicts, there will be just 1,000 left...
SENIOR WRITERS: David Brand, Tom Callahan, Margaret Carlson, George J. Church, Richard Corliss, Otto Friedrich, Paul Gray, Robert Hughes, Walter Isaacson, Ed Magnuson, Lance Morrow, Frederick Painton, Walter Shapiro, R.Z. Sheppard, Frank Trippett...