Word: peak
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Dates: during 1990-1999
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...deep financial trouble. But none have burned through as much money in so short a time -- without even a near hit -- as De Laurentiis. Worse still, few if any ventures contained such a web of insider-enriching transactions. Stockholders of DEG, who saw their shares plummet from a peak of $19 to less than 40 cents, have responded with fiery class-action lawsuits. At the same time, DEG is suing De Laurentiis for $50 million, accusing its founder of fraud, misrepresentation and self-dealing...
Another source of concern among the Japanese is the increasing tension in negotiations aimed at closing the trade imbalance between the U.S. and Japan. While Tokyo's global merchandise trade surplus shrank from a peak of $96.4 billion in 1987 to $77.1 billion in 1989, much of that decline came from increased trade with European and Asian countries. Despite Japan's increasing imports of American products, the U.S. trade deficit with Japan has remained largely unchanged, stuck at the current level, around $50 billion...
...scramble to get more events onto the "our" side of the ledger has reached a frenzied peak. As the networks try to conserve a dwindling share of the TV audience, they are depending more and more on the drawing power of sports. "Sports is the one thing that comes to TV somewhat presold," says Larry Gerbrandt, senior analyst for Paul Kagan Associates. "If you're going to break in a new sitcom, you've got to launch a campaign of awareness. When you add a sports package, people already know what they are getting." The biggest events, moreover, can galvanize...
Aamoth, by experimentation, has discovered the basic principle of late-night Tasty life. Although the formal menu stretches across the back wall, during peak hours Smith and Drapeau serve only the Red Alert Special: double cheeseburgers, hot dogs, and Husky superburgers. "We used to try to make everything," says Michael Smith, "and we were going out of our minds...
...silver dollars, the 48-story CenTrust Tower became the pre-eminent landmark on Miami's skyline in the booming 1980s. The tower was visual testimony to the success of CenTrust Bank, which grew out of near failure seven years ago into the largest savings and loan in the Southeast (peak assets in 1989: $11 billion). But the building took on a gloomier symbolism last month when federal regulators seized the now insolvent thrift and ousted its top executives. As the Government conducts a bailout that could cost $2 billion, federal agencies are investigating David Paul, 50, the CenTrust chairman...