Word: res
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Dates: during 1980-1989
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Kaufman is not the only pessimist on Wall Street. Felix Rohatyn, a partner of Lazard Frères, an investment banking house, warns that "the next twelve to 18 months are going to be potentially the most dangerous period that I have seen in 30-plus years in the banking business." Rohatyn is wor ried about possible corporate bankruptcies and the failure of some banks or savings and loan institutions as well as rising unemployment. Last week the Labor Department released figures that supported those glum views. Unemployment in December jumped to a near record 8.9%, up from...
...Espagne, and from Dali's hallucinated Cannibalisme d'Automne. But most of the work by French artists in support of the Republicans and the Popular Front now seems pedestrian; French painting had no equivalent to Malraux's Espoir or Georges Bernanos' Les Grands Cimetières sous la Lune...
...defeat, Paris Mayor Jacques Chirac enjoined his followers to "keep France from going the road of adventure that the ideologues of the Socialist Party have chosen." Giscard himself confined his activities to a few campaign appearances on behalf of the center-right candidate in his home district of Chamalières...
...Glanville, a partner at Lazard Frères. "But I have been watching M.B.A.s in this business for over 20 years, and I have found a great majority of them immature in their judgments. They are inclined to make strong judgments without a background of experience and humility. You don't really learn anything until you've been wrong a few times. If we shut down the business schools for ten years, we would not suffer a very great loss...
...Open University, guide students in their reading of original source material. On page 44 of one handbook, for instance, Balsdon notes briskly, "I cannot imagine your having the time" to read all 77 pages on the Emperor Augustus, but he adds: "One document, however, you must read, the Res Gestae of Augustus." The teaching texts frequently direct students to consult particular portions of their main source books, or to jot down answers to questions. Maryland University and Broadcasting Center officials, who jointly direct the nonprofit N.U.C., say that many adults prefer such guided study at home to night-school classes...