Word: lents
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Dates: during 1980-1989
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...wraps, the public part has come to dwell on anything but politics. Concurrent with the rise of political action committees has come the practice of celebrity politics. Remember the rock'n'roll politics of the 1980 campaign, where musicians like the Gregg Allman Band, Linda Ronstadt, and Willie Nelson lent their public image for limited political exploitation? This year Ronald Reagan has been the most effective practitioner of this ruse, craftily manipulating the names and photos of Michael Jackson, Bruce Springsteen and others for his own re-election...
Meanwhile, the members of the Black Faculty and Administrators struggle to reconcile their minority concerns with their positions as employees of the University. Thus far, this "inside" position has lent a more moderate tone to the group's demands. But if Black hiring does not rise in coming months, their demands may acquire a harsher note...
...since Dwight Eisenhower has the U.S. public felt such fondness for its leader, and not since Franklin Roosevelt has any President seemed quite so relaxed about the job. Reagan's political adversaries concede his special knack for coming across as both engagingly human and larger than life. Says Robert Lent, a regional director of the United Auto Workers: "He looks good and he's an actor. He's the kind of guy you could strike up a conversation with if he lived in the neighborhood...
...decade, Joseph Diego Ramirez, 37, has ranked as one of the softest touches in Princeton, Minn. (est. pop. 3,200). He contributed a reported $10,000 to landscape city hall with new lawns and tropical palms, leased two Volkswagen Rabbits to the police force for $1 a year, lent a local group $500,000, interest free, to help build a hockey arena, and spent another half a million dollars to lengthen the runway of the municipal airport. Then, in a sharp turn of events, Ramirez presented himself two weeks ago at the nearby St. Paul jail in response...
...turn Chicago's downtown financial district on LaSalle Street into the futures-and commodities-trading capital of the world. But trouble returned as a result of the bank's go-go lending during the 1970s. Under former Chairman Roger Anderson, who was eased out last February, Continental lent freely for oil and gas drilling, condominium development and Latin American projects; many of the projects went bust. The biggest blow came in September 1982, when Oklahoma City's Penn Square Bank failed. Continental held more than $1 billion in Penn Square's bad energy loans. Continental last...