Word: turnaround
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...fact, the turnaround was too good to be true. Suspicious examiners had noticed that the "Morgan Lamb" taking the test was a pregnant woman, although she resembled a man in her exam ID photo. Nine months later, police arrested Lamb, who by that time was working at a prominent firm, and his wife, Laura Salant, a promising Securities and Exchange Commission lawyer. Police had found Salant's fingerprints on the exam booklets and discovered that she posed for the exam ID photo wearing men's clothing...
...sudden, startling turnaround for a candidate who had so recently been on top of the world. Basking in the afterglow of his Iowa triumph, Dole poured on the charm in New Hampshire. As his standings in the polls rose, so did the candidate's spirits. Monday morning he bragged about having slept in, and predicted victory. That night he donned a grandfatherly sweater vest and joined Campaign Manager Bill Brock and two TIME reporters having dinner at his hotel. "Maybe Bush's huge organization is a myth," he gloated. He began musing about new supporters. "When are we going...
...report claims that shutdowns occurred in almost every component of the complex trading systems, from the printers on the exchange floors to the phalanxes of minicomputers that do the bulk of the N.Y.S.E.'s back-office work. Part of the Big Board's designated order turnaround (DOT) system, which transmits orders from brokerage firms to the floor of the exchange, crashed four times on Oct. 19. The next day, a system that stores standing orders to buy or sell shares at a predetermined price stopped three times. One still unidentified software glitch temporarily misplaced transaction reports involving some 4.3 million...
...from the other fast-buck operators. He rolls up his sleeves. Icahn, 51, is a quick learner who is imposing his no-frills ethic on some of the largest and most troubled U.S. corporations. Right now, the unflappable Icahn (estimated net worth: $700 million) is simultaneously juggling three daunting turnaround projects: the born-again TWA, the bankrupt Texaco and the resurgent USX. Icahn's demonstrated management know-how has made him perhaps the most credible of U.S. raiders, one whose spartan style of running a company is both inspiring and chilling for corporate America...
...deal underscores Kodak's swift financial turnaround. In 1985 and 1986 the company suffered six straight quarters of declining profits, but in the first nine months of 1987 earnings more than tripled from the same period the previous year, to $936 million...