Word: topped
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Dates: during 1980-1989
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...banks, little experience in the rough-and-tumble of a free market. Barry Sullivan, chairman of the First National Bank of Chicago, wondered whether the Poles' eagerness will prove to have been "monumental courage or sheer folly." While none of the Americans doubted the commitment to reform at the top of the Polish government, some questioned how it would be received once subsidies are ended and prices begin fluctuating. "It will depend on the political prowess and strength of the government," said Yeutter. "There will inevitably be some slippage...
...difference is most dramatic at the top. Homes in Connecticut that shot up to $2 million may now fetch only $1.3 million. It's not so bad in the real world -- three-bedroom homes in my sunny but unfashionable Miami neighborhood that rose from $65,000 to $85,000 over the past two or three years are still $85,000. But the notion that real estate prices will always go up, once common knowledge, like the notion that grapefruits can be eaten only in halves, is finally subject to doubt. After decades of steadily rising prices, we could...
...tour. Former tennis aces draw big crowds in their own slots at the major tournaments. Boxing, aside from Mike Tyson's bum-of-the-month festival, is one big Over the Hill Gang. Last week's waltz between Sugar Ray Leonard, 33, and Roberto Duran, 38, was the top-grossing fight in history. Next month George Foreman, now bigger than Mount Rushmore and twice as old, will face perennial white heavyweight Gerry Cooney. Someone will get hurt -- probably the first one who throws a punch -- and people will pay to watch. Like rock 'n' roll, sports used...
...Government. After only four days as Deputy Prime Minister, Marian Calfa won the top job last week when Ladislav Adamec quit. At week's end Calfa offered to form a Cabinet in which half the members would have no ties to the Communist Party...
After more than two troubled years as the Government's top savings and loan regulator, M. Danny Wall fell victim to the nation's spreading S&L scandal. The clamor for his ouster mounted last month after lower-ranking bank examiners told Congress that Wall had unduly delayed for 21 months a Government takeover of high-flying financier Charles Keating's Lincoln Savings & Loan Association, whose collapse could cost taxpayers $2.5 billion. Last week Wall finally bowed to the pressure and resigned as director of the Office of Thrift Supervision. He had been victimized, Wall complained, by "simplistic efforts...