Word: scandalizes
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Dates: during 1980-1989
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...rose from office boy to president of the brewing subsidiary -- a remarkable ascent that made his sudden fall from grace last week all the more stunning. Dennis Long, 51, resigned as the No. 2 . officer in the company, behind Chairman August Busch III, amid a spreading executive-suite scandal. Just two weeks earlier, three other senior officials left the company after allegations that a St. Louis advertising agency gave kickbacks to two of the executives and a Porsche sports car to the third. Though Long has not been implicated, he said he assumed "full responsibility" for the actions...
...space to the story. Some have blamed bias, others the press's itch to sensationalize. In fact, because the story has thus far lacked Watergate's drama and turned on the accumulation of details, newspaper stories ran at such length that they came to be of interest primarily to scandal junkies. But the press was not so much overplaying the story as playing catch-up in doing its job. It took the Tower commission report to make the story big and clear again...
...rebels or, for that matter, by the Reagan Administration. For years the comandantes steadfastly denied that they paid attention to Washington's every move. Now they are less bashful. President Ortega, for instance, candidly admits that he watches U.S. television newscasts daily, and has followed the Iran-contra scandal closely...
...identity of the financial community's latest fallen wizard, Boyd Jefferies, may have come as less than a rude shock, since the prominent Los Angeles stock trader was known to have dealt heavily with Arbitrager Ivan Boesky. But on Wall Street, where scandal is becoming almost routine, Jefferies' announcement last week that he would plead guilty to two criminal charges created a whole new sense of dread. For Jefferies was not charged with insider trading, as a dozen others were, but with other rule-bending practices that have become commonly tolerated. The case against Jefferies, based partly on tips provided...
...torrent of technology is turning the plain old telephone and its push- + button heirs into sophisticated electronic instruments. Among other things, they block out unwanted calls and listen to voice commands. -- Fujitsu drops its bid for Fairchild. -- Wall Street' s spreading scandal fells Stock Trader Boyd Jefferies. -- Independent filmmakers steal the scene in Hollywood...