Word: rampant
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...faces some of the worst urban problems of any U.S. city. With the local economy gripped by a decade-long recession, big industry is disappearing; the river port is languishing; schools are crumbling; the tax base is shrinking; the regional jobless rate stands at 6.8%. Drugs and crime run rampant in many neighborhoods, and the murder rate is among the nation's highest. "The jails are jam-packed; courts are jam-packed," says Mayor Sidney Barthelemy. "The police no longer have time to handle the minor calls. They're out on major crimes. To say the economy...
...slender former executive of the Bank of Credit & Commerce International clearly feared for his life. Speaking before a Senate subcommittee last week, Masihur Rahman told how a fellow B.C.C.I. official had threatened to shoot him if he exposed the rampant fraud and corruption at the heart of the bank. According to Rahman, the colleague warned him, "I've personally killed people in my life, and I'd use the same...
...growing number of markets are reaching the saturation point. Cable TV is available to 90% of all U.S. households, nearly three-quarters of all homes have a videocassette recorder, and most people who want a personal computer probably already own one. Rampant price cutting -- a sure sign of maturation -- is putting a squeeze on profit margins industry-wide. In fact, the $500 billion information industry -- which encompasses everything from the media to computer software to telecommunications -- is in its biggest slump ever. Gone are the go-go days of 20% annual growth. Sales peaked in 1987 but rose only...
...Washington, the U.S. Justice Department adamantly disputed evidence that it had failed to follow through on reports from undercover agents that B.C.C.I. had engaged in corrupt banking practices. In London, British Prime Minister John Major, pale and rigid with rage, told Parliament he knew nothing of rampant fraud at B.C.C.I. until shortly before July 5, when regulators closed the $20 billion rogue bank in most of the 69 countries where it operated. In Peru the scandal breathed new life into charges that former President Alan Garcia Perez had used B.C.C.I. accounts to loot as much as $50 million from...
...congenial movie movement. Two of the actors carry this larkish spirit throughout the film. Geraldine McEwan, in devil-doll weeds, makes for a hilariously desiccated witch. And Alan Rickman, fairly drooling with delight at his own wickedness, plays the Sheriff of Nottingham as a vibrant cartoon villain: Snidely Whiplash rampant...