Word: wanes
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Money is still important as an indicator of career performance, but crass materialism is on the wane. Marian Salzman, 31, an editor at large for the collegiate magazine CV, believes the shift away from the big-salary, big-city role model of the early '80s is an accommodation to the reality of a depressed Wall Street and slack economy. Many boomers expected to have made millions by the time they reached 30. "But for today's graduates, the easy roads to fast money have dried up," says Salzman...
...runs against such companies as Gillette and the Allegis travel conglomerate brought returns of more than 40% to the small pool of investors who put a minimum of $5 million apiece into Coniston's funds. But as raiding went out of fashion, the firm's success began to wane. Last week Coniston said it would disband the $700 million pool that funded its takeover bids and proxy fights. But partners Keith Gollust, Paul Tierney and Augustus Oliver are not retiring. They plan to put their bankroll into real estate, venture capital and possibly an occasional takeover deal for old times...
...amount of distortion has remained: much recent coverage gives the impression that the disease is rampant among children (who actually make up only 2% of those afflicted), that it has become a "minority" disease (white gay males remain the largest single affected group), or that it is "on the wane" (a highly dubious proposition...
...life is like. But in our shells we always had time for others. People in our circle of friends became a little like Slavs, who in their long winters seem to have plenty of time to play chess, chat or discuss their religion. I hope these habits do not wane...
Most puzzling to the police was why now, with most of its hard-core members dead or serving long prison terms and its extreme left-wing ideology on the wane, the group had chosen to strike. There is still a commando group of about 15 members at large in West Germany. Some security experts doubt that the Herrhausen murder signals a new wave of R.A.F. terror. But, declared Heinrich Boge, head of the Bundeskriminalamt, which coordinates federal criminal investigations, "there was never any indication that they were giving...