Word: torrent
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Dates: during 1990-1999
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...excelled at making three things: money, friends and enemies. Monaco police were focusing on the latter as possible suspects after the Lebanese founder of the Republic National Bank suffocated in an arson fire at his penthouse. Safra had been barricaded in a bathroom along with his nurse, Viviane Torrent, while knife-wielding assailants, apparently frustrated at being unable to reach Safra, set fire to his domed, ultra-high security Monte Carlo retreat. Monaco's chief prosecutor, Daniel Serdet, reported that robbery was not a motive. Nothing had been stolen. "We are treating the attack as a murder," a police spokesman...
...trillion as an excess of tax collections over spending for everything else the Feds do. The $1 trillion overage is the size of the entire federal budget in 1987 and, paradoxically, creates a problem for politicians that they have never faced before: How best to channel that torrent of cash...
Maybe better to say potential torrent. Past budget forecasts have been wildly off-target. As recently as 1996, the Clinton Administration predicted deficits of $200 billion or more each year as far as the eye could see. So, can today's great expectations be trusted? Absolutely, said a majority of members at a special session of TIME's Board of Economists, which met recently in Washington to debate the budgetary outlook. For this occasion the board included some of the country's most important public officials as well as economists. They split along party lines on what to do with...
...album. This time the culprit is Lil Wayne, a fiercely tattooed, $15,000-watch-wearing 16-year-old out of the Big Easy's PJs. But this time, Master P and his gold-tanked army can't claim responsibility. Tha Block is Hot is the latest in a torrent of albums from newcomers Cash Money Records, the same crew that dropped Guerrila Warfare, the much-lauded Hot Boyz album, earlier this year. But this album might have come too soon after the diminutive Wayne, himself a Hot Boy, ran taunting jabs on that blowup wax. Other than the chantworthy...
...response to a torrent of protest from reporters and editors, publisher Kathryn Downing, 46, who stepped into the job last June, made an extraordinary--some called it "abject"--apology. After taking questions at a two-hour staff meeting on Oct. 28, she admitted that she and her staff had failed to understand the ethics involved. "It was the angriest, most confrontational meeting I've ever seen at the paper in my 31 years," says David Shaw, the paper's media reporter. "People felt betrayed, embarrassed, ashamed, angry. What happened was wrong. It's Journalism 101." Shaw will get to draw...