Word: heydays
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Dates: during 1990-1999
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Phillips brings the authority of statistics and history to his argument: with an elegant weaving of charts and cultural observations, he paints a picture of the Reagan decade as America's third period of "heyday capitalism," when the poor got poorer, the middle class had to get rich in order to retain a middle-class life-style, and being rich had to be redefined to account for the tripling in the number of multimillionaires...
...stands variously for Praise The Lord or People That Love, but PTL, the former evangelistic empire of Jim Bakker, has recently spelled nothing but trouble. In its heyday, PTL operated the biggest all-day, all-God TV network and reached 14 million cable households, in addition to controlling a theme park and retirement village. But its founder's fall and imprisonment shattered the empire and left it bankrupt. Last week it got a new -- and quite unexpected -- owner...
During his heyday, Carter employed out-of-work actors to call up corporate shareholders to try to sway their votes. "Actors know how to talk and when to listen," he claimed. In 1987 he sold his firm to a British ad agency for $76 million. Carter resigned from the organization in January, a year after learning about the investigation of his dealings. Now he faces up to four years in jail, and his former company has posted steep losses as clients defect to other firms...
...million. His Sunday-night radio broadcast reached 21 million. Parsons and her rival, Hedda Hopper, between them appeared in practically every consequential newspaper in the nation. On the other hand, while there are many more competitors on the celebrity beat than in Winchell's or Hopper's heyday, they tend to be editorial copycats. Thus an item from Liz Smith or PEOPLE magazine or Entertainment Tonight gets picked up and trumpeted by dozens or even hundreds of publications and broadcasts...
During the heyday of takeover lending and junk-bond financing, the patrician investment firm Morgan Stanley was often the butt of ridicule. While more aggressive firms plunged into risky new techniques, Morgan, despite a leading role in corporate takeovers, seemed stuck in its stodgy habit of underwriting stock for blue-chip companies and selling investment-grade bonds. The new breed was playing high-stakes Monopoly, the joke went, while the stuffed shirts at Morgan were playing Trivial Pursuit. But no one is laughing at Morgan's expense anymore. The firm, founded in 1935, is the most profitable on Wall Street...