Word: tepid
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...culture--think Chinatown or L.A. Confidential--that Los Angeles cops were quietly up to no good, and there have been some dark real-life incidents, like the police beating of Rodney King. But L.A. is embroiled in its biggest police scandal ever, one that makes Joseph Wambaugh read like tepid tea. Authorities have identified 40 people who were wrongly convicted, and public defenders are reviewing 4,000 more cases. The cops "are just a gang with the law on their side," says Gerardo ("Clever") Lopez, a former gang member. "People are finally seeing the truth...
...pontiff's welcome from ordinary Israelis is likely to be tepid, at best. "The history of anti-Semitism in the Catholic Church makes Israelis deeply resentful of the pope," says Beyer. "Despite his efforts to rectify some of the wrongs, many Jews believe official Catholic attitudes contributed directly to the Holocaust, and that the church hasn't made an adequate apology." Even the Palestinian Christian population may have mixed feelings - most Palestinian Christians belong to Orthodox sects, whose relationship to the Vatican is traditionally hostile, particularly in relation to conflicts over control of Jerusalem's Christian shrines. The Israel trip...
Meanwhile, cash has been piling up in money-market funds--$37 billion in October, the most since the Asian contagion--and flows into stock funds have been tepid. Y2K worrywarts, it seems, are hoarding more than bottled water and canned food. How should you invest? If Cleland is right, pent-up demand will lift everything, and popular tech stocks will get more popular. The traditional approach is through beaten-up small stocks, which may be coming into favor anyway. Salomon Smith Barney likes beaten-up big stocks, including Fluor, H&R Block and Hasbro. You've got choices. The first...
...Soviet Union: toxic mud and tepid water. But the Red Army went all the way to Berlin in 1945. It blithely crushed revolts in various satellite countries, moved into Cuba, Africa and Afghanistan. Prussia-Germany? In the old days, only the rich could afford real coffee; the masses had to make do with a blend of burnt barley and chicory. But that stuff took the Wehrmacht to the gates of Moscow and Cairo...
...cultural event, the turn of the millennium is starting to look pretty anticlimactic. NBC's much-hyped "Y2K: The Movie" was a bomb. According to the Los Angeles Times last week, sales for millennium shows and galas have been "tepid." The paper reports that "many worry that what was initially looked at as a historic payday may end up as a bad investment covered in confetti." Celebration 2000, a lavish event to be held at the Javits Center in New York, was cancelled after no one bought tickets. Even singer/songwriter/poet Jewel canceled her hometown New Year's Eve concert...