Word: manhattans
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Dates: during 1980-1989
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American blacks fled to Northern cities at the beginning of the 20th century fired with new dignity, purpose and activism. Black artists in particular took on the role of interpreters of their culture and made northern Manhattan a Paris for the "New Negro." Harlem Renaissance: Art of Black America (Abrams; 200 pages; $35) documents this flowering, from the Paris-trained sculptor Meta Vaux Warrick Fuller, who built her studio with her own hands, through Painter William H. Johnson, who renounced his academic style for a self-enforced primitivism, to James Van Der Zee, whose camera was witness to Harlem weddings...
...that the markets' continued fragility might persuade the Government to delay further insider-trading probes lest new revelations drive stock prices even lower. No such luck. U.S. District Attorney Rudolph Giuliani maintains that even though the spotlight has shifted elsewhere, the investigations are proceeding at full speed. Says the Manhattan-based prosecutor, who has led the crackdown on Wall Street crooks: "Whatever the state of the market, our job is to uphold the laws of the U.S. -- not to protect profits...
...spotlight will be back on the scandal once again this week, when the biggest insider trader snared so far, Ivan Boesky, is scheduled to appear in U.S. District Judge Morris Lasker's Manhattan courtroom for sentencing. Boesky, who has been pointing investigators toward investment bankers and others with whom he traded inside information, faced Judge Lasker last week in a final hearing before sentencing. Once Wall Street's most aggressive speculator in takeover stocks, Boesky was a picture of contrition in court. "I am deeply ashamed," he said. "I have spent the last year trying to understand how I veered...
...sure, Boesky is a long way from the plight of the homeless men he has been helping. He still lives in a luxury apartment a few blocks from his company's headquarters on Manhattan's Fifth Avenue. In the firm's elegant suite of offices, his personal secretary continues to answer the telephone, while a guard hovers near a reception area decorated in gold colors and Far / Eastern art. "Boesky now uses the office as a private club to meet with his lawyers," says a source familiar with the investor's activities. A large renovated farmhouse on Boesky...
...champagne could be fetched for a bargain $13 a bottle, and sales of everything from Porsches to Paris designer dresses simply zoomed. But now that the dollar has declined some 40% against major currencies, the U.S. consumer's affinity for imports has grown far more expensive. Alas, Moet in Manhattan now goes for more than...