Word: junks
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...publication, Grant's Interest Rate Observer, is about interest rates and especially about credit. On that score my views have basically worked. The junk-bond market did come apart starting in 1989. And there is a credit contraction. Bank stocks have been good to sell short. And real estate, which is another big editorial topic, has been going down, taking with it such people as Donald Trump...
There is not much glamour in getting old. Not in America, and not in the eighties. You stop working, you go to Florida, and if you are like Harry "Rabbit" Angstrom, you play golf, eat junk food, and try to hang onto your sexuality as long as you can. For the most part, you sit around and wait for your life to fall apart...
HARDWARE. A junk sculpture turns into a ravening home wrecker in this spiky Brit sci-fi parable. First-time filmmaker Richard Stanley has an eye for the macabre and a mind full of undigested ideas. Oh, well, next time . . . This time he has made an arresting exercise in horror on the cheap...
...follies. After the former owner of California's bankrupt Lincoln Savings and Loan was indicted on 42 counts of criminal fraud and was unable to raise the $5 million bail, police handcuffed and jailed him. California alleges that Keating bilked investors who bought $250 million of now virtually worthless junk bonds. The state's charges were the latest in a flood of legal actions against the disgraced businessman. Overall, taxpayers will have to pay more than $2 billion to clean up the mess left by Lincoln's collapse, one of the costliest in the nation...
PROFILE: Filmmaker, junk-food gourmet and gee-whiz genius, David Lynch launches a new Twin Peaks season...