Word: manhattanization
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Morgan, America's fifth largest bank, got bad news this year when several South Korean firms suddenly repudiated their derivative contracts, leaving Morgan out some $500 million. America's biggest lender, Chase Manhattan, saw its "nonperforming" assets in Asia triple in the first three months of 1998, to $243 million, due in part to derivatives. At the end of last year, its total risk from Asian derivatives--should others default--was more than $3 billion. Bankers Trust's derivatives' delinquencies have leaped from zero to $330 million in a year, and the compass points to Indonesian and Thai clients...
...mercies bestowed upon the righteous gentile are mixed blessings. He jets into Southern California from New Jersey on a Friday midnight. By Monday morning he must be back at his doorman post in downtown Manhattan. But meantime, as he steps forward to give a speech here at Whittier Law School, some 200 attorneys, historians, journalists and government officials rise to applaud. An elderly lady grasps his hand, murmuring, "God bless you." A student asks for his autograph. And then, in broken English, the thin young man with oval spectacles begins, "My name is Christoph Meili. My job at the bank...
...Annual compensation for rookie lawyers at top Manhattan law firms...
...with its machines that dealt death rather than hope, further darkened the view of things to come. In 1927 the famous German moviemaker Fritz Lang released Metropolis, the idea for which came to him when he first saw, from shipboard, the glaring lights and tall buildings of Manhattan. (The film became a favorite of Hitler's.) Set in the year 2000, Metropolis shows plutocrats living in idle pleasure while workers slave away underground until a spectacular rebellion sets them free. This was reminiscent of H.G. Wells' 1895 dystopian fantasy, The Time Machine, in which a subhuman race called the Morlocks...
...past, the public has rewarded stations for pursuing just this kind of story, though typically less bloody ones. "Usually the ratings shoot sky-high, and the viewers use their remote controls and zap from station to station. They watch them," says Perret. Explains Manhattan psychologist Steven Fishman: "A lot of people have pent-up emotions, so it's cathartic for them to observe such violent action." But, says Sissela Bok, an ethicist at Harvard: "That just shows that the lines between news and entertainment have become very blurred." Former TV news producer Derwin Johnson, a professor at the Columbia Graduate...