Word: shell
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...turning them into weapons. Moreover, they may never be tested in space because of restrictions imposed by international arms agreements. The aluminum-foil- covered model that Reagan so proudly inspected is, in the words of John Pike of the Federation of American Scientists, a "Potemkin village" -- a hollow shell...
...Empire of the Sun, the boy is James Graham, eleven-year-old son of an English merchant in Shanghai at the first shell burst of World War II in the Pacific. Behind the camera is Jim's spiritual cousin, Steven Spielberg, 39. Spielberg's trials of the past couple of years have been nowhere so cataclysmic as those that befell Jim, his family and millions of other refugees under the imperial Japanese boot. Still, they must have injected an unwelcome dose of maturity into the man with a lock on childhood. The films produced recently under his aegis have fizzled...
...South Carolina, / the old road lined with abandoned "cabins for the night" and empty pickup trucks with hand-lettered signs still promising FRESH PEACHES. Back on I-95 the world narrows down to a river of concrete flowing between canyons of still leaves. Poles above the treetops display a shell, a star, double arches. The semiotics of travel...
...already issued a terse announcement that the nation's central bank would "serve as a source of liquidity to support the economic and financial system." That was a signal that banks would have no difficulty obtaining additional credit as needed to provide for the huge losses sustained by shell-shocked brokerages. Greenspan's announcement produced an immediate decline in interest rates, as the banking system moved in effect to replace some of the $500 billion in stock values that vanished on Black Monday...
...responsibilities, buying millions of shares as prices plunged all around them. Their losses could amount to as much as $750 million. The shock was too much for A.B. Tompane & Co., a 60-year-old specialist company that survived the 1929 Crash and traded in USX Corp. and Royal Dutch/ Shell Group, among other stocks. Last week Tompane sold out to Merrill Lynch for an undisclosed sum. Also merged out of existence was W. Damm M. Frank & Co., an American Stock Exchange specialist that traded in 30 Amex stocks before the crash. The firm was acquired by Bear, Stearns. That could...