Word: saws
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Dates: during 1990-1999
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...blame inevitably finds its way to Gore, whose hand many see in virtually everything the FCC does. Its past chairman, Reed Hundt, goes back so far with Gore that the two of them saw the Beatles' first U.S. concert together. And Gore hand-picked its current chairman, William Kennard. Gore is also closely linked to the inner workings of the industry, where several of his former aides have found lucrative and powerful positions. Complains Louisiana Republican Billy Tauzin, chairman of the House telecommunications subcommittee: "The FCC is an independent regulatory authority, yet we continue to see the Vice President exercising...
...Morgan, America's fifth largest bank, got bad news this year when several South Korean firms suddenly repudiated their derivative contracts, leaving Morgan out some $500 million. America's biggest lender, Chase Manhattan, saw its "nonperforming" assets in Asia triple in the first three months of 1998, to $243 million, due in part to derivatives. At the end of last year, its total risk from Asian derivatives--should others default--was more than $3 billion. Bankers Trust's derivatives' delinquencies have leaped from zero to $330 million in a year, and the compass points to Indonesian and Thai clients...
...hold a movie they had in the works, dubbed Project X, about ("I kid you not," says Devlin) a giant meteor on a collision course with Earth. Lee was also the most persistent of the studio execs in persuading Toho to lend out its famous monster. Still, when he saw Tatopoulos' model just hours before it was unveiled for the Toho board of directors in Tokyo, Lee was stunned. "It was just so different," he says, "so improved." Devlin says he heard of a little more consternation: "'You have to do this in stages! Show them the face first, then...
...lounge music," cool and dressy, then swing music, hot and dressy, plus a bar scene where lounge lizards aren't dinosaurs anymore. Then the film Swingers, about two guys making their way through the world on terms they borrowed from Frank's life and works. The past year also saw the publication of two histories of the Rat Pack; a pair of Rat Pack movies are in the works (an HBO film starring Ray Liotta as Sinatra and a Martin Scorsese film about Dean Martin); and a few weeks ago, the cable channel TV Land drew its highest ratings...
...Marker and Erikson had played together and separately in a number of small, Wisconsin-area bands. One night they saw Manson on MTV fronting another band, called Angelfish. They tracked her down, asked her to join their nascent group, and Garbage was launched. "Madison is isolated, so we're kind of removed from the music business or the distractions you may have in New York, Los Angeles, London or Paris," says Vig. "It's a great city, but there's not much to do, so everyone kind of leaves us to our own devices...