Word: turmoils
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Dates: during 1990-1999
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TIME's Money Angles columnist offers survival guidelines for a time of economic turmoil. -- Who invented the microprocessor? Gilbert Hyatt...
Shuttling between hot spots in the Middle East for the past three weeks, CBS News anchorman Dan Rather has been just where he likes to be: at the center of the action. But last week he missed a big story back on his home turf. In another spasm of turmoil at the angst-ridden House of Murrow, CBS News president David Burke, 54, was forced to resign after two years on the job. Eric Ober, 48, a 24-year veteran of CBS who currently runs the five local stations that the network owns, will become the fourth news president since...
...Jane? Sounds impossible. No one in TV has been harder to avoid, either on the tube or in the press, over the past few months than Jane Pauley. For 13 years, she was the perky, professional, largely taken-for-granted co-anchor of NBC's morning show Today. When turmoil in the person of a blond, eager-to- please interloper, Deborah Norville, 32, engulfed the show last fall, Pauley bowed out -- and suddenly found herself the most in-demand news personality in America. She got her own prime-time show, which has drawn good ratings this summer and is almost...
Saddam's aggression immediately cast the financial markets into turmoil. Some economists believe that even a slight surge in prices could push America's economy, already weakened by sluggish demand, the federal deficit and the S&L crisis, over the brink into recession. Perhaps more important, Saddam's move on the Middle East is an unexpected test of whether nations will pay the necessary price to assure peace and stability in the new global climate. Said a senior State Department official: "You just cannot allow this kind of behavior to go unchecked...
...Talman Home Federal Savings and Loan (assets: $5.7 billion), which expects to earn $20 million this year, may have to close their doors or be acquired. Says Theodore Roberts, chairman of Talman, which is the largest thrift in Illinois: "Our market values have been declining because of the turmoil that's been created in the S&L industry, and now we're told to go out and raise more capital. You've caught the dolphin in the tuna net here...