Word: recently
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Dates: during 1980-1989
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...fend for themselves. In the city's northern barrio of San Fernando, Ever Ponce, 30, and his brother Miguel, 37, work as shelf clerks in a supermarket and try to make ends meet with second jobs as painters at a private airport. Hard-pressed as they are, in recent months they helped organize a soup kitchen for their hunger-crazed neighbors, lining up donations of food from local companies. The project fed 300 people a day, most of them children. Parents were too embarrassed to come and sent their children with pots to fill...
...pavilion for Federico. This rectangular, single-story building, with its courtyards, pools, screen colonnade and enfilade of frescoed rooms, was Giulio's masterpiece. Its architecture would inspire many future designers, among them Inigo Jones and Sir John Vanbrugh. But its frescoes, which have been thoroughly and sympathetically cleaned in recent years, would be no less influential...
...Racketeer Influenced and Corrupt Organizations law of 1970 was aimed at mobsters and drug traffickers, but in recent years prosecutors have used the statute to go after white-collar criminals with gangbusting zeal. That application of RICO has been attacked as unfair, especially the practice of freezing the assets of suspected criminals before trial. Last week the Justice Department issued new RICO guidelines requiring that prosecutors seek a forfeiture of assets in proportion to the crime rather than try to seize all of a defendant's business interests. The changes come in response to pending congressional legislation that would weaken...
...stock market gyrated in recent weeks, the swings have been fueled by the widespread use of program trading. In this computerized practice, speculators trade stocks and stock-index futures simultaneously to profit from minute differences in prices. But program trading incited a Wall Street revolt last week as the Dow Jones industrial average plunged 92.42 points to 2596.72. Faced with pressure from investors, the firms Bear, Stearns and Morgan Stanley said they will halt the use of index arbitrage, the most popular form of the | strategy. A third firm, PaineWebber, scrapped all forms of program trading...
Though that question is never entirely out of mind in California, it usually just withers in the sun, overwhelmed by the seductive arguments of the natural beauty and friendly climate. But now the palpable and sometimes painful memories of the Pretty Big One, as the locals are calling the recent quake, have lent a certain sharpness to the prospects of further shake-ups. Last week scientists were telling Californians that the state faces a 50% chance that another quake as strong as the recent one could happen "at any time" during the next 30 years. "And that means tomorrow," says...