Word: lynch
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...Securities and Exchange Commission has a new top watchdog. After toiling for twelve years as an SEC staff attorney, William R. McLucas, 39, last week was named director of enforcement. He succeeds Gary Lynch, 39, bane of inside traders Ivan Boesky and Dennis Levine, who resigned last summer to take a job at a New York City law firm. McLucas suggested that after years of prosecuting high-profile Wall Street insider-trading cases, the agency might additionally focus more closely on basic securities abuses, in which brokers exploit unsophisticated small Main Street investors...
Blue Velvet (1986). Deadpan humor and deadpan violence in small-town America. If Sinclair Lewis and Mickey Spillane had collaborated on a Sandra Dee movie, they might have created a dreamscape something like writer-director David Lynch's -- vivid, dislocating, utterly original...
...date, most of the independent film companies that went public in the mid-'80s have been stock-market duds. Will Brooks beat the odds? Some Wall Streeters are cautiously optimistic: "Mel has the ability and contacts to make a success of this," says analyst Harold Vogel of Merrill Lynch. Even so, the title of Brooks' next film, Life Stinks, is not exactly bullish...
...bank board's San Francisco office to Washington, postponing the closing of the savings and loan by two years. That delay will add $1.3 billion to the taxpayers' cost of repaying depositors and unloading Lincoln's washed-out investments. "My responsibility was to see that this was not a lynch mob after Keating," Wall explained to TIME last week. "The San Francisco office has a history of being hysterical, overzealous, swept away by smoke where there is no gun." Yet ; Wall's Washington audit eventually confirmed San Francisco's warning to the Senators that Lincoln was a "ticking time bomb...
Dinkins' campaign manager Bill Lynch insists that the new mayor's consensus- building style will enhance his ability to deal with New York's seemingly intractable problems. Says Lynch: "The image that you have to be a tough guy to be mayor of New York is wrong." Perhaps, but the choices that the new mayor will face are certainly going to be tough. Says Ray Harding, head of the Liberal Party and Giuliani's earliest political ally: "David Dinkins brings tranquillity, and that's evidently what New York wants." As tough times hit, New York might need much more than...