Word: morgans
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Dates: during 1980-1989
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...supporters, including Texas billionaire H. Ross Perot and the National Organization for Women, she is Mother Courage personified. Dr. Elizabeth Morgan, 42, a plastic surgeon, has spent two years in jail -- without benefit of trial -- for civil contempt of court. Her offense: refusing to disclose the whereabouts of her daughter Hilary, now 7, to Washington Judge Herbert B. Dixon Jr., who had ordered unsupervised visits with her ex-husband, oral surgeon Eric Foretich, 46, whom Morgan charges with sexually abusing the child...
...critics, Morgan is a paranoid liar who has invented the rape charges out of malice against Foretich; her defiance of Dixon's order, they argue, is a sign of obsession, not maternal devotion. To ethicists and legal scholars, the case raises some troubling questions: Should there be time limits on a judge's right to jail a person for civil contempt? Does a parent, where suspicions of sexual abuse exist, have a moral right to defy the courts to protect a child...
...trade deficits. Despite a dramatic slowdown in growth, they have been looking on the economy's bright side. "Investors now believe the Federal Reserve Board can deliver a 'soft landing' of subdued inflation by year-end, without a recession," says Byron Wien, chief domestic strategist for the investment firm Morgan Stanley, who since May has been predicting a new all-time high on the Dow. Elaine Garzarelli, a portfolio manager at Shearson Lehman Hutton, who was one of the few forecasters to warn of the crash in 1987, believes the Dow will top 3000 before the end of the year...
Another reason for nervousness right now is the too-good-to-last superstition. "This could be the eighth up year in a row," says Morgan Stanley's Byron Wien. "That's never happened in this century." During this bull cycle, U.S. stocks have produced a compounded 17% annual return, almost twice their historic 9% average. Even during the crash year of 1987, the Dow managed to rise...
Rose made himself the star of the team and, in company with Joe Morgan, Johnny Bench and Tony Perez, turned the mid-'70s into a golden age. Their habit was to rag each other and everyone else at the batting cage, a merciless system that worked for them but ruined some humbler talents. If a wittier but lesser player tried to hold his own, they would trumpet their salaries in unison. It was another way of keeping score...