Word: tiding
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...more than somewhat autobiographical. Unlike the Catholic-school casualties she describes in her story, Eisenstadt went to public school and lived in a different neighborhood in Rockaway. She's never been to a "death keg" party, never jumped off a 40-foot bridge into the Atlantic's mucky low tide, and has never taken part in any other beach-bum antics. "A lot of the stories in the book are true--or at least I've heard them as true," she says. "But it's based on people I've seen, but didn't really know--I didn't know...
Robert Bork was ready to give up. After a punishing confirmation ordeal, his appointment to the U.S. Supreme Court faced near certain defeat as a majority of Senators joined the tide against him. After wearily advising Ronald Reagan and Attorney General Edwin Meese that he had little fight left in him, the judge retreated last Thursday afternoon to his judicial chambers, where he began writing an angry statement withdrawing his nomination for the job he had wanted most of his career...
Assistant Professor of Government Stephen Macedo, a conservative who had been scheduled to testify against Bork, said that the relatively quick change in the Judiciary Committee's outlook signified that the tide had taken a definite turn against Bork...
Wall Street was in a panic today, with no one to guide it out . . . Selling was at a furious pace . . . News to noonday had been quite cheerful, but it was not sufficiently encouraging to stem the tide of frantic selling, which came from all parts of the world, from rich and poor alike . . . The demoralization of the market was complete . . . Many speculators lost all their money . . . The senior partner of a leading exchange house described the situation as "pitiable." Brokers had weeping women in their offices, and in some instances weeping...
...pyramids were the rage, while the 1980s has been a boom time for such techniques and instruments as leveraged buyouts, junk bonds and stock-index futures. The common element is vast leverage, which creates the potential for big profits during a booming economy but equally dramatic losses when the tide goes the other...