Word: manhattans
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Dates: during 1980-1989
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...Altman and Bonwit Teller are not the sort of stores that stiff their suppliers. But since the spring, several fashion houses have withheld shipments to the swank Manhattan department stores because of late payments. The stores have been caught in the enormous debt problems of their current owner, Australia's Hooker Corp., which is controlled by investor George Herscu. Last week Hooker's U.S. holding company sought protection from its creditors under Chapter 11 bankruptcy...
...painter turned his back. They are not smoothly designed but look somewhat improvised, like the sides of large huts. They are very "New York" paintings, but the city they evoke is not the foreigner's imagined grid of perfect planes; rather it is gritty, heavy, slapped-together lower Manhattan, where Scully has his studio: the hoardings of warped plywood, the metal slabs patching the street...
...random and asked them 22 questions for an average of six minutes. The results were put into computers and tabulated, with a margin of error of plus or minus 4.5% taken into account. They were then sent to Nation editor Robert T. Zintl in the Time & Life Building in Manhattan, where they were incorporated into the cover story...
Federal prosecutors were popping champagne corks in New York City as well last week. A Manhattan jury convicted five executives of Princeton/Newport Partners and a former trader for Drexel Burnham Lambert of 63 felony counts stemming from illegal stock-trading schemes. They were fined a total of $3.8 million. The case marked the first time the Racketeer Influenced and Corrupt Organizations Act has been used against Wall Street executives, and thus lays the groundwork for the Government's prosecution of junk-bond king Michael Milken, formerly of Drexel. Since Drexel was Princeton/Newport's main partner in the illegal trades, evidence...
Success exacted its most customary price. Hwang's wife Ophelia stayed back in Los Angeles through most of the months of rehearsals and tryouts, and the fledgling marriage broke up soon after. Ever since, Hwang has lived a luxurious if somewhat work-obsessed life in Manhattan, in a rented midtown apartment with spectacular wraparound views. The place came furnished -- not even the throw pillows are his -- but he vows to decorate in style a newly purchased Manhattan triplex to which he will move in October. He rarely cooks or eats at home; instead he deftly table-hops at fashionable restaurants...