Word: pent
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Dates: during 1990-1999
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Rushing to cash in on the East's sudden escape from more than four decades of communist rule, capitalists are lured by low wage rates, an educated labor force and a pent-up market of nearly 140 million consumers in the heart of Europe. Companies from Turin to Tokyo are setting up joint ventures with local firms, and as eager executives flock to the region, such grand hotels as the Budapest Forum and the new Warsaw Marriott buzz with high-stakes deals. "Learning how to invest profitably in Eastern Europe is the hot new game of the 1990s," says Paul...
...shedding tears for it. The flashy wealth displayed by investment firms has created a backlash on Main Street, which watched with mounting fury as Wall Street got rich through paper-shuffling deals that manipulated companies at the expense of workers and communities. "There's a lot of pent-up anger and disgust with behavior on Wall Street," says Samuel Hayes, an investment-banking professor at the Harvard Business School...
After weeks of languishing in low gear, Chamorro's campaign revved up over the past fortnight. She is relying on voters' pent-up fury with ten years of Sandinista mismanagement. Inflation last year hovered around 1,700%, unemployment around 25%. Real wages have dropped more than 90% since 1981. "All she has to do is point to the Sandinista record," says Alfredo Cesar, Chamorro's chief adviser. "She doesn't have to convince anyone she's better than Daniel Ortega...
...Venting pent-up frustrations was the first item on a Crimson agenda that read more like a eulogy for the helpless Big Red. After the first three events, Harvard had jumped out to more than a 20-point lead...