Word: shifts
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Dates: during 1990-1999
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...more the winds of change shift, the more the Head luffs...
...shift at Smart results from the decision by Terry McDonell, its founding editor, to jump ship from a leaky rowboat to take charge of Esquire, which he likens to "walking onto the flight deck of the aircraft carrier Eisenhower." The change prompted Smart owner Owen Lipstein to merge his shaky start-up with a proposed rival, Men, and pick up its creators, Peter Kaplan and Chris Kimball, as editor and publishing director. In their vision, everything old is new again: Kaplan says his "new" magazine will attempt to recapture the personality of Esquire circa the 1930s, which he describes...
...reflexive psychology of bankers was that of -- well, bankers were starting at the sight of their own shadows. So deposit insurance could be done painlessly for decades because bankers were too terrified to do anything resembling making a bad loan. It was not until a generational shift occurred in the '70s that bankers prepared to entertain really rank loans. The government had this free ride for a long time. There were hardly any failures because bankers were not lending in such a way as to fail. And now, paradoxically, when the talk is of cutting back on deposit insurance...
...quarry owner outside New Delhi, 12-year-old Ballu is worth 85 cents a day, the amount the child earns breaking rocks in an 11-hour shift. "I wanted to become an engineer," says Ballu. He glances sadly at his callused hands. "But now I have crossed the age for studies and will be a stonecutter all my life...
...shift in the mood seems to have begun several weeks ago, when Baghdad announced a treaty agreement with Iran and gave back to its mortal enemy the few spoils of its war in hopes that Tehran would join the struggle against the U.S. "The people do not understand how Saddam could do that," says a Baghdad shopkeeper...