Word: morgan
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Parts of the Dahshur site were first excavated 101 years ago by French archaeologist Jacques de Morgan, though few visitors ever saw the area. Little was done to build on his work during most of this century, however, and the site fell into neglect. Today Dahshur's pyramids and mastabas are being re-excavated by archaeologists from three countries. "De Morgan's methods were very crude," says Dieter Arnold of New York City's Metropolitan Museum of Art. "He was only interested in treasure and the names of kings...
Treasure he found, in abundance. The jewelry that men and women wore in ancient Egypt was buried with them. De Morgan's finds included two diadems, one with delicately intertwined water weeds and flowers; a necklace of sculpted-gold Nile shells; and an exquisite belt of gold lioness heads and amethyst beads. But De Morgan didn't uncover all there was. A year and a half ago, the Met's Arnold found a Queen's mummy and some of her royal jewelry at one of Dahshur's later monuments. "You're so accustomed to going over robbed tombs that...
...Stephen Roach, chief economist of the Morgan Stanley investment firm, that is a prescription for disaster. He thinks growth even this year may speed up to 3%, leading to rapid inflation in 1997 and possibly to a recession in 1998. And last Friday's financial-market action showed how widely his views are shared on Wall Street. Huge May increases in factory orders and new-home sales had made it obvious that growth is accelerating sharply from the anemic 2.2% pace of early 1996; estimates put the second-quarter rate at 4% or even 4.5%. Then on Friday, the government...
...started with a traditional barbecue in Arlington, Virginia, right across the river from downtown D.C. While some of our crowd of about 15 took the Metro to the Mall to stake out a spot for our picnic blankets, the rest of us went to Adams Morgan to drop off a car at someone's house. We didn't realize the walk back to the Capitol was a good 40 blocks, and we were pretty tired by the time we fought our way through the crowds on the Mall...
Certainly, second wives, bent on protecting their own brood, have more moral authority than the men who have already left one brood behind. But even they may not be any match for market forces. New York City is considering a proposal from investment bankers at Morgan Stanley to get immediate payments to first families by selling high-interest bonds based on the assets of deadbeat parents. The Mommy-munis would be backed by the full force of the child-support-collection apparatus...