Word: modestic
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...pension of 4,000 rubles a month (roughly $40 at the present exchange rate), the use of two official cars and the services of a staff of 20. In private, overzealous Russian bureaucrats reportedly told Gorbachev's wife Raisa to pack up and vacate the presidential dacha for more modest housing no later than midnight on the day of his resignation...
...spotlight is getting to be a bit too bright for JOHN F. KENNEDY JR. The son of the slain President is telling visitors to his modest New York City studio apartment that he resisted making a high-profile show of solidarity at cousin Willie's rape trial, but he bowed to family pressure and spent some uncomfortable time in the courtroom. He is also very upset that his father's brutal assassination is being re-examined with the release of Oliver Stone's controversial JFK. "Maybe I'll just have to leave town," says the 31-year- old Manhattan assistant...
...shipment crates and driven by Brink's or Loomis armored trucks to the Saccoccia Coin Co., an unobtrusive storefront in Cranston, R.I. (pop. 76,000), or to a second location in Los Angeles. Thereafter, most of the money was subdivided, deposited in U.S. banks -- ranging from Rhode Island's modest Fleet/Norstar to Bank of America -- and then converted into cashier's checks made out to dummy firms. Next the money was moved electronically to foreign banks and eventually to the Colombians. Saccoccia skimmed off up to 10% of the proceeds...
...Irish Catholic from a modest Connecticut family, Williams was a courtroom spellbinder with a photographic memory and an endless bag of trial-winning tricks. The powerful took notice. In time Williams' client roster would feature fewer names like "Nutsy" Schwartz and more like former Treasury Secretary John Connally. With his controlling interest in the Washington Redskins, Williams made the owner's box a showplace for Washington's elite. By 1974 he had become treasurer of the Democratic National Committee, a job that didn't keep him from voting for Gerald Ford, who had once offered...
...industrial average plunged 120 points on Friday, to 2,943.20, for its fifth largest drop ever and the steepest decline since it fell 190.58 on Oct. 13, 1989. Analysts said the free fall reflected fears that the U.S. was sliding back into recession after the economy eked out a modest 2.4% gain in the third quarter. "The equity markets are finally realizing what sad shape the U.S. economy is in," says Allen Sinai, chief economist of Boston Company Economic Advisers...