Word: greed
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Dates: during 1980-1989
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...fully as criminal. They have a right to equal suspicion," says one malefactress - Cornelisen shares both the conspirators' secrets and their seditious high spirits. But she refuses to let them get away clean. After the caper, the culprits are unsettled not by their guilt or greed but, more fittingly, by their insouciance and sprightly intelligence. And in the end they begin to suspect that inefficiency may, after all, be Italy's greatest charm, and chivalry men's saving grace...
...bomb thrown from a passing car. More often racism comes at arm's length: random insults, hostile stares, racial stereotypes held up as universal truths. "Yes, I suppose I'm prejudiced," says a West London matron. "People my age had nothing to do with the blunders and greed of the upper classes toward the colonies, and I don't see why I should put up with the results now. The first thing the blacks do is go on welfare. And I'm tired of people working in the post office who don't speak proper...
...reach and influence." New York Correspondent Adam Zagorin was struck by the vitality of the multimillionaires he interviewed. "Stock Analyst Arnold Bernhard, for one, doubled his already considerable fortune when he was past 80," says Zagorin. "For such men, money is a byproduct of their creative drive, not of greed." Taylor agrees. "The people we are talking about," he says, "are far more interested in the companies they have built than in whether they are worth $5 million or $50 million. Given the vagaries of today's stock market, of course, that is probably a good thing...
...temporary market downdraft during the second half of 1983. Irrational enthusiasm pushed up the price of some high-technology stocks to 80 or more times their annual earnings, compared with about 16 times earnings for proven blue-chip growth companies like IBM. When reality caught up with greed, a number of fast-rising new issues fell to earth, and the profits of many backers fell with them...
...only greed is left. Awash with petrodollars in the '70s, big banks lent to every comer with a flag and a UN seat. Confident that this type of lending wasn't subject to ordinary precautions applied to individual customers, bankers went far out on a limb. Now the bankers are equally confident that they've gone so far with the nation's wealth that the U.S. government will have to bail them out if worse comes to worse. Attached to the recent emergency Congressional approbation for the International Monetary Fund were new regulations concerning just that. Congress should be ready...