Word: lyle
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Dates: during 1980-1989
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...some it was the threshold of the affluent society. For the Stevick family of "Port Oriskany," an industrial city in western New York State, the decade is their introduction to the Age of Anxiety. The H-bomb, the Korean War and McCarthyism affect different Stevicks in different ways. Father Lyle, bookish owner of a secondhand furniture store, builds a bomb shelter in his backyard. Mother Hannah worries that this means they will never move from the sliding neighborhood, and Son Warren, wounded at Imjin, returns home to join the nuclear-disarmament movement...
...shared by small investors who have poured money into bond mutual funds. At the end of March, those funds had assets of nearly $310 billion, up from $142 billion at the end of 1985. The mortgage market was also hard hit by the rise in interest rates. Says Lyle Gramley, chief economist of the Mortgage Bankers Association: "Some people called it orderly panic in the bond market. In the mortgage market, it was disorderly panic." In just two weeks in April the average rate on a 30- year fixed-rate mortgage rose from...
Great players such as Mickey Mantle have written autobiographies detailing drunken debauchery so disgusting that they cannot help but attribute their "successes" in the saloon to the same prowess that makes them winning athletes. Sparky Lyle, in The Bronx Zoo, uses the same tone of excitement to describe big strikeouts as he does to chronicle his favorite habits: sitting naked on cakes brought to the clubhouse and shagging flyballs during pre-game practice with his pants unzipped...
...have something to do with the fact that Ishtar features two of Hollywood's hottest stars. Warren Beatty and Dustin Hoffman play Lyle Rodgers and Chuck Clark, a singer-songwriting duo trying to make it in New York. Their only problem is that they are bad. Really bad. Even their agent (Jack Weston) tells them, "You're old, you're white, you have no shtick...
Economists generally believe the mortgage shudders are unlikely to become a long-term trend. Contends Lyle Gramley, chief economist for the Mortgage Bankers Association of America: "There is no reason for interest rates to continue going up. That would slow the economy so much that the run-up wouldn't be sustained." But the abrupt halt to the flow of ever cheaper mortgage money might handicap an otherwise healthy homebuilding industry. Last week the Commerce Department reported that housing starts during March fell to an annual rate of 1.77 million, a 3.2% drop from the previous month...