Word: sank
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...runner-up was Leonardo's Last Supper; and after that, what? The Mona Lisa? The Washington portrait by Peale? It hardly matters; the pre-eminence of American Gothic as a popular icon has not been challenged in several generations, since Wood painted it in 1930. Its fame sank Wood's reputation and took the rest of his work with...
...little too apocalyptic. "Not all is lost," said one observer, "because of weak demand, lack of investments and sales." Mexican companies, he feels, will just have to learn to live without profits for a while. The Bolsa's stock index, which anticipated the crisis last year and sank to 450 points in August after hitting a high of 1450 two years ago, recently rebounded and closed last week at 1087. Nonetheless, many stocks still sell for only two or three times earnings, vs. an average of almost 13 for American companies on the Standard & Poor...
...state-of-the-craft boat was another matter. Jeantot, who has dreamed of little else but circumnavigating the globe since he was a teenager, sank almost every franc he had saved as a highly paid diver into the $270,000 project. His greatest good fortune may have been to meet Naval Architect Guy Ribadeau-Dumas in 1982. Ribadeau-Dumas, 32, who had already designed successful racers, built several ingenious engineering features into Credit Agricole, notably a seawater ballast system that permits speedy adjustment of the boat's trim...
...deal was the brainstorm of an ebullient New Jersey tax-shelter specialist, Jerry Burke, 50. The money entitled the investors-partners to 17.5% of anything recovered during 1980 from the Spanish galleon Santa Margarita. That ship and a sister ship, the Atocha, both carrying New World treasure to Spain, sank in a hurricane off the coast of Florida in 1622. "It's a good feeling to finally be able to distribute this stuff. It justifies the faith people had in me," said Mel Fisher, founder of Treasure Salvors. It was an uncharacteristic understatement from the usually hyperbolic Fisher...
...Thomas Hoving, a former director of the New York Metropolitan Museum of Art who is now organizing traveling cultural exhibits, plans to take the 1622 haul on a worldwide tour. As for Fisher, he is still dreaming, this time of finding the mother lode: 1,078 silver ingots that sank with the Atocha. And maybe he will...