Word: steeles
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...Inkatha men told Shibe that he was shot in revenge for the bloodshed in downtown Johannesburg, where a day earlier thousands of Zulus clashed with A.N.C. security guards and police in running gun battles through the city's steel and glass canyons. The violence, said Inkatha leader Mangosuthu Buthelezi ominously, marked the beginning of "a final struggle to the finish between the A.N.C. and the Zulu nation...
...Wilson sings, her rich alto conjuring feelings of midlife rust and heartbreak. Wilson's voice never pushes to hit any big, crass Star Search notes; this is a quiet album of submerged pain. Redbone, written by the singer, consists only of her molasses vocals, the twanging of a pedal steel guitar and African-tinged percussion. On the album's best track, a cover of Van Morrison's Tupelo Honey, Wilson reveals the song's soul not through vocal gymnastics, but by lingering caresses of each line. She creates emotional tension by holding power in reserve...
This latticework of contracts may seem isolated in a kind of financial cyberspace, but it produces real victims. In Japan the accounting director of Nippon Steel Chemical leaped to his death beneath a train last May after he lost $128 million of the company's money by using derivatives to play the foreign-exchange market. In Chile a derivatives trader named Juan Pablo Davila lost $207 million of taxpayers' money last fall, instantly earning himself a place in Chilean infamy, by speculating in copper futures for the state-owned mining company. In Germany the giant conglomerate Metallgesellschaft dwarfed even those...
...mathematics and $3,400 in borrowed money, Hayek started a one-man consulting firm in 1957 that developed a reputation for finding waste and mismanagement in everything from the Swiss army to the state radio. Today Hayek Engineering is a $1 billion business whose clients range from U.S. Steel and Dow Chemical to Krupp, Siemens and the Chinese government...
...weekend nights, Southern Californians young and old stroll Old Town's streets, stopping occasionally to listen to the steel drum band or watch a man twist balloon animals on the corner...