Word: prospect
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Then the White House went dark. There's nothing so rare at the Executive Mansion as a quiet Saturday, when people can relax and Presidents actually get to play. But this was a whole new kind of quiet--hollow and grim. Clinton was looking, simultaneously, at the most dangerous prospect of his public life and the most devastating chapter of his private one. He canceled his plans for the weekend to prepare for his testimony; Hillary went into seclusion. She virtually locked herself in a room upstairs, forswearing visitors and talking to no one other than her mother and other...
Things are so bad here that the prospect of one bank's demise conjures up images of a cataclysmic cascade of failures. With some reason: the collapse last November of the Hokkaido Takushoku Bank shattered the economy of Japan's northern island of Hokkaido. Affiliated lenders and thousands of businesses went bust. Since then the prognosis for the nation has worsened steadily. In reaction, commentators have lashed out, blaming the nation's woes on everything from American "free-market imperialism" being forced on Japan's financial system to a laggardly birthrate...
...error occurred while processing this directive]Fortune Investor Data Although the exposure of U.S. investors to the Russian markets is minimal, the country's woes hit Europe hard, and that comes home to America. Not to mention the chilling prospect of the crisis toppling Yeltsin's government and bringing to power a host of ex-Communists with itchy trigger fingers. It's not yet time to vacuum out the ol' fallout shelter -- but if you're looking for some kind of refuge from this economic Chernobyl, Baumohl recommends bonds. "Foreign markets are getting hit hard, and foreign investors are going...
...greater collective whole. That's why the transition to a market economy is so challenging -- it tears down the collectivist social structure and forces more than a billion people to start looking out for Number One, with no safety net to fall back on. Not surprisingly, that prospect has created deep anxiety and uncertainty among many Chinese. But the dramatic flooding of the mighty Yangtze River in recent weeks has allowed Beijing to reassure citizens that the spirit of pulling together for the common good remains very much alive...
...taxpayers. A government lawyer's duty, the judges wrote, "is not to defend clients against criminal charges and it is not to protect wrongdoers from public exposure." It has long been believed that if anyone close to Clinton shares his deepest, darkest secrets, it's Lindsey. The prospect of his testimony meant that Starr had finally breached the President's inner sanctum...