Word: lynch
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...vulnerable to a long- dreaded deep "correction." Once the slide started last Thursday, it picked up incredible speed because of so-called program trading -- computer- triggered waves of selling. By 11 a.m., the Dow had sunk almost 30 points. "It was remarkable," said Marvin Breen, a trader for Merrill Lynch. "I looked up at the screen, and it was down 20 points. Five minutes later it was down 30. Five minutes later it was down 40. It just kept dropping." Breen's account was only somewhat exaggerated: by 2:30 p.m., the Dow's plunge had passed its earlier...
...plot alone would be enough to earn Blue Velvet this year's Authentic Weirdie prize. But wait, there's more. Writer-Director Lynch (Eraserhead, The Elephant Man, Dune) has stocked his movie with artifacts from every decade of postwar America; it could be taking place now, then or never. Emotionally, the picture comes from outer space. Instead of seducing the audience, the characters are picture-book flat. Only the images are deep and dense. The friendly loggers of Lumberton wave at the camera; Frank screams an obscenity and poof! disappears; a corpse is bound and bowed like a Kienholz sculpture...
...which is to say that Blue Velvet is in no sense a realistic film. It is not modernist camp either. Lynch believes every bit as much in the redemptive power of teen love -- with families miraculously restored and two kids kissing to the crooning of a wedding-chapel organ -- as he does in the force of evil. He and his film will surely be reviled, but as an experiment in expanding cinema's dramatic and technical vocabulary, Blue Velvet demands respect...
...heady time indeed for a firm that Merrill Lynch, the brokerage house, calls "one of the most unusual and creative of all Japanese industrial concerns." Started with 20 employees in 1948 by an inventive garage mechanic, Soichiro Honda (now 79 and retired), the company took only twelve years to claim the title of the world's leading motorcycle and motor- scooter maker. Honda introduced its first car in the Japanese market in 1963, and now manufactures an array of products that range from outboard motors to snowblowers and lawn mowers. Its profits zoomed to a record $532 million...
...March 1 inaugurated Little Bang by inviting foreign firms and British banks onto its trading floors for the first time. The move spurred a wave of foreign invaders seeking to join the action. Tokyo-based Nomura Securities, the world's largest investment firm, and New York City's Merrill Lynch, the biggest U.S. broker, have already become Exchange members. Some 30 others plan to do the same...