Word: lasting
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Dates: during 1990-1999
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...began tumbling down, though, after the subprime lending market collapsed last year, leaving the bank undercapitalized. Federal regulators came to review the books but were overwhelmed by chaotic records that filled much of the bank, a warehouse and an old schoolhouse...
...drama heightened last week after Church paid $2.5 million bail and was confined to her ranch. Cherry has not been charged, but is offering something of a hillbilly defense around town, claiming auditors have attempted to oust her and Church because the women are not Ivy Leaguers...
...local resentment of federal agents, which is running high, in part because almost everybody will suffer from the bank's shutdown. The town government has already laid off a third of its workers, including the town manager, and is down to two police officers. During the town-council meeting last Thursday, Cherry, who is also mayor, doubled her fists and vowed that if anyone tried to make her resign her city post, "I'll give 'em some knuckle puddin'." She had a request for the council. Now that she has lost her job and her $4 million in bank stock...
Here's how art imitates life. It's the spring of last year, and Mike Wallace--immemorial TV journalist, much honored anchor of 60 Minutes--is on the phone to film director Michael Mann. Mann is making a movie about one of the less exalted episodes in Wallace's career, the time four years ago when 60 Minutes suppressed its story on Jeffrey Wigand, a tobacco-industry whistle blower. Mann's film moves on two tracks. One is the anguished dealings between Wigand and Lowell Bergman, a 60 Minutes producer who is leash holder and hand holder for the tormented...
...Hewitt is professing comfort at the thought that movies don't last at the multiplex forever. 60 Minutes, he says, "has been around for, like, 30 years. A movie, if it's lucky, is around for maybe a week." Or is it? There's already talk of possible Oscar nominations for Russell Crowe, Pacino or Plummer. That would keep the film alive well into next year. And then there's the video release. All that could mean a long stretch ahead for 60 Minutes. Tick, tick, tick, tick, tick, tick, tick...