Word: lynch
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Eleven years ago, a now-chubby Boston sport-scaster, Mike Lynch, booted a late field goal to give Harvard a 10-7 win and its only outright Ivy crown...
...Hopper's new films are done his way. Some, like last year's My Science Project and last summer's The Texas Chainsaw Massacre 2, are best left off the resume. But one film -- David Lynch's Blue Velvet -- cannot be dismissed. An illustrated guide to Krafft-Ebing, Blue Velvet is perhaps the first film since 1972's Last Tango in Paris to scandalize its audience. At the end people are as likely to erupt in boos as to burst into applause...
...worth an estimated $10 billion. The glittering centerpiece: their new $1.5 billion Battery Park City project, part of a vast new chunk of Wall Street waterfront created on 92 acres of landfill in Manhattan. Among the companies ensconced in Olympia & York's elegant copper-and-granite towers there: Merrill Lynch, American Express and Dow Jones...
Another door has opened cautiously on the Tokyo Stock Exchange, where 1,492 Japanese equities worth an estimated $1.8 trillion are listed. Last January six foreign firms, including the U.S. investment houses of Merrill Lynch, Morgan Stanley and Goldman, Sachs, were invited to join the 83-member exchange. Now at the end of the trading day in Tokyo, giant Merrill Lynch routinely passes on an electronic "book" (accumulated position) of some 430 internationally traded stocks to its offices in London and then New York for further action...
...range and scope of electronic trading increases, so may the regulatory headaches. Says Gary Lynch, the Securities and Exchange Commission's enforcement chief: "The internationalization of the markets is a huge potential problem unless regulators are prepared to cooperate." Since May, the SEC and U.S. commodity-exchange regulators have signed memorandums of understanding with Japan and Britain, agreeing to share information in trading-fraud cases...