Word: morgan
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...overtures to potential American underwriters got nowhere. Nor were funds forthcoming in South Africa, because, says Luckman, it is deemed "politically incorrect to raise money for foreigners to come here when so little was going to local arts groups." The project was about to be abandoned when the J.P. Morgan Bank, based in New York City, agreed to sponsor the tour to showcase its start-up this year of a Johannesburg branch...
...wife's proto-feminist lament, Back to Before). And director Frank Galati and choreographer Graciela Daniele have created stage pictures that are both lovely and thematically apt, from the exquisite opening dance in which three groups--blacks, immigrants and parasol-toting white society--circle one another warily, to J.P. Morgan on a walkway that slowly descends to crush the admiring workers below...
...many the middle-age parents of perplexing offspring--are acknowledging that their first X rays of the new generation were distorted. "The baby boomers of the media and marketing world were desperate to explain a generation they didn't understand, so they reduced Xers to a cartoon," says Adam Morgan, managing partner at TBWA Chiat/Day, the ad agency that collaborated with Yankelovich. "It may be the most expensive marketing mistake in history." Last year the magazine Who Cares and the Center for Policy Alternatives, a Washington think tank, released a survey that showed 72% of 18-to-24-year-olds...
Unexpected, yes, but not inexplicable. Sinai, along with Edward Yardeni, chief economist for the investment firm Deutsche Morgan Grenfell (North America), argues that today's economy can speed along briskly without inflation because of fundamental changes that have made companies more efficient than ever. Among them: the demise of the cold war, which has lifted trade barriers and released millions of workers and billions of dollars for productive peacetime purposes; and the ubiquitous use of computers, which enables companies to book new orders or build new cars with the click of a mouse. Says Yardeni: "I'm a big believer...
...companies--and especially its workers--in the early part of the decade has made firms brutally competitive. And the deregulation that began with airlines and trucking in the 1970s and '80s is bringing price pressure to bear on such once cozy fields as utilities and telecommunications. Says Stephen Roach, Morgan Stanley's chief economist: "Deregulation is a critical dynamic in spreading the forces of competition...