Word: summered
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Dates: during 1980-1989
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Nowhere was the shock greater than on Wall Street, where some traders had left work early Friday to enjoy a balmy Indian summer day. "I was on the floor until 2:30," said specialist Stone. "The trading was so quiet that I decided to go home." But by the time he got there shortly after 3, the damage was already out of control. "I saw quite a bit of panic selling," said Muriel Siebert, who heads a discount brokerage that bears her name. UAL shares fell 5 1/2 points before trading in its stock was halted because the number...
Ironically, the best depiction to date of the nation's gridlock may have come last summer from a ranking member of the Bush Administration: Budget Director Richard Darman. In a speech at the National Press Club, Darman blasted both the Government and the voters for mimicking spoiled children with demands of "now-nowism -- our collective shortsightedness, our obsession with the here and now, our reluctance adequately to address the future . . . Many think of ((the deficit)) as a cause of our problems. But it is also a symptom, a kind of silent now-now scream...
...catastrophic-health-care program, which lobbying groups for the elderly hailed at its passage, imposed an annual surtax of up to $800 on well-heeled Medicare beneficiaries, who balked at having to pay for benefits that were often duplicated by their private insurance. Last summer they began an intense, well-organized campaign for repeal, even though it could mean eliminating the entire program and leaving millions of needy seniors uncovered. The House voted overwhelmingly to do just that on Oct. 4, but the Senate, while inclined to eliminate the surtax, is trying to keep some parts of the program...
...value and size of their audience. "Corporate America thinks of some poor guy living in a barrio who just came over the border," complains Estrada, who claims that half his readers make $40,000 or more annually. To combat skepticism about their ratings, rivals Univision and Telemundo last summer jointly hired Nielsen Media Research, the television ratings service, to verify their claims. Advertising dollars aimed at Hispanics peaked at $550 million last year, according to Hispanic Business, a fraction of the national total of $125 billion. "We are nowhere," admits Telemundo president Henry Silverman. But Imagen's Casiano is decidedly...
Nevada, by disposition, is a freewheeling state where almost anything goes. But lately Nevadans have begun to talk limits. This summer the state legislature passed the first mining-reclamation bill in its history. Already the more progressive companies have embarked on efforts to ameliorate the eyesores their mining operations have created. The Pinson Mine on the Getchell Trend, in which Livermore has an interest, is actively transforming waste-rock dumps into gently rolling hills planted with sagebrush, bitterbrush and crested wheat. Freeport-McMoRan, for its part, has hired a wildlife biologist to take charge of its reclamation activities...