Word: handedness
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Dates: during 1980-1989
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Perhaps the most unusual proposal to date comes from a Peruvian economist, who has suggested swapping debt for the creation of an antidrug fund. Under the scheme, debts held by overseas commercial banks would be handed over to the central bank of the debtor. The commercial banks would be able...
After years of working 15 hours a day, Milken now spends much of his time preparing his defense. He remains the titular head of Drexel's operations in Beverly Hills, where the firm's junk-bond department is based. But Milken will probably take an indefinite leave of absence as...
When his father died in November 1963, he searched for an appropriate memorial. "I remembered the incident of the lost glove, and it occurred to me that gloves are a powerful symbol because being warm is being well-off and being cold is being poor. At that time there weren...
Christmas was just around the corner, but the videotaped tidings that Frederick Joseph handed out to the TV networks last Wednesday evening were not exactly festive. Looking tired and tense, the silver-haired chief executive officer of Drexel Burnham Lambert discussed the settlement that Drexel had reached that day with...
The trouble, as usual, comes in the oversimplified and heavy-handed message. In the realm of docudramas, the best lack all conviction: last spring's Baby M was a gem precisely because it had no overt agenda other than to convey the clash between two impassioned, tragically irreconcilable points of...