Word: mania
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Dates: during 1980-1989
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Boesky obviously was sensitive to charges that his was essentially an opportunistic and unproductive occupation. Last year he wrote a book on the subject, Merger Mania, and subtitled it Arbitrage: Wall Street's Best Kept Moneymaking Secret. In the book Boesky loftily declared that "there are no easy ways to make money in the securities market . . . there are no esoteric tricks that enable arbitragers to outwit the system...
During all the hubbub, one influential group of bystanders seemed ominously quiet. They were the clients: the food companies and soapmakers that had grown accustomed to undivided attention from the ad agencies. Now that the merger mania is over, many clients are passing loud and painful judgment on the results. Their verdict so far: bigger is not necessarily better. An unprecedented parade of coveted clients has quit the two supergroups for smaller agencies. One such advertiser is RJR Nabisco, which took away $32 million in accounts (example: Fleischmann's margarine) from Omnicom and $96 million from Saatchi & Saatchi/Ted Bates. Declared...
...this makes much sense becomes a literary metaphor on the order of Melville's white whale, implying as it does that the entire world is nuts. This is clearly Condon's view, and he is mightily persuasive as he defines human character: foaming perversity, rascality, obsessional lunacy, wowserism, religious mania, assault and battery, and our old friends greed and lust. No sloth, though; Charley and his chums sure do keep active...
...ever-growing football mania gradually manifested itself in a more organized form of madness--pranks...
...their telephones tapped. Listening or homing devices can be hidden in their cars. Westerners are followed on picnics with their families, on walks with their dogs, on trips to the market. Joggers sometimes notice a drab sedan creeping along the curb; KGB agents do not share the American mania for fitness...