Word: manhattans
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Dates: during 1980-1989
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GROUND ZERO by Andrew Holleran (Morrow; $16.95). A tragicomic tour -- in the form of essays -- through Manhattan's once bustling gay night spots, now somber and charged with the emotional fallout of AIDS...
Trouble is, he knows this, and so do the people who help him make movies. His new one, Cocktail, has no reason for being other than to market the Cruise charm like a cheap celebrity perfume. Act I: See Tom strut as a Manhattan bartender for whom mixing drinks becomes a form of performance art, a quick route to saloon celebrity. Act II: See Tom slink, as he dumps a young woman of sweet substance (Elisabeth Shue) for life on a leash held by a rich bitch (Lisa Banes). Act III: See Tom furrow his boyish brow in a moment...
Nomura took a giant step toward realizing that goal last week, stunning Wall Street with a move to become a major player in the U.S. mergers-and- acquisitions game. The company said it was paying $100 million for 20% of the hot, new Manhattan investment firm started six months ago by Bruce Wasserstein and Joseph Perella, the Wall Street wizards who built First Boston's merger department into one of the best in the business and then left to strike out on their...
...going to take us a while before we really get a share. But we can be patient, even take some losses and develop it." Rivals on Wall Street know they cannot afford to be complacent. Says Eugene Atkinson, former head of the Tokyo branch of Manhattan's Goldman, Sachs investment firm: "Despite all our efforts to make long-term plans, we pale in comparison with Nomura's awesome strategic thinking and investment." There is always the reminder of Detroit in the 1960s, when U.S. auto companies thought they were invulnerable to Japanese competition. Says Jayme Garcia dos Santos, general manager...
...will they? "Iran and Iraq might surprise everyone and agree to keep a lid on production," cautions Peter Beutel, an oil-market analyst for the Manhattan commodities firm Elders Futures, Inc. Another variable is Saudi Arabia's strategy, says G. Henry Schuler, an energy specialist at the Center for Strategic and International Studies in Washington. Schuler points out that in 1987, when oil sold for $20 per bbl., Riyadh increased its production to drive down the price and deprive Iran of its war chest. "But once the war is over, then the Saudis don't have any reason to keep...