Word: watcher
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...making it to the top seem to share a number of personality traits. As a group, the hot new rich work extraordinarily hard. They are more willing to take risks than the average citizen. Many are loners. And, notes Journalist Arthur Louis, who has been FORTUNE'S fortune watcher for the past decade, "none of the self-made rich I've ever met seemed to be stupid and just lucky...
...possibility that Carter could be deftly stroking the Federal Reserve chairman in an attempt to influence him. Carter needs Burns' help if he is to meet his goal of balancing the budget by 1981. Carter also appreciates Burns' ties with businessmen. Says one veteran Fed watcher, William LeFevre, senior analyst of Wall Street's Granger & Co. brokerage house: "Burns is Carter's best avenue into the banking fraternity, where Carter would clearly love to be accepted...
...ghoul tours of Rumania are conducted tongue in cheek by the Ministry of Tourism. While not acknowledging the existence of vampires, it profits handsomely from indulging the fantasies of visiting foreigners. After all, as every vampire watcher knows, Dracula was zapped for all eternity when a stake was driven through his evil heart...
...then came one of the grandest scams of all. In 1910, Backhouse and J.O.P. Bland, a London Times China watcher, published China under the Empress Dowager. The memoir was based on the diary of Ching-shan, a fin de siècle Manchu courtier. Backhouse claimed to have found this trove of gossip and intelligence in its author's house during the Boxer Rebellion of 1900. The diary became the jewel of the Oxford collection; scholars may have debated its authenticity, but hardly a soul dared suggest that Backhouse himself had written it. Now Trevor-Roper, revealing...
...least influential of the seven staffers who make up the Carter inner circle seems to be Midge Costanza, 44, the former vice mayor of Rochester. She is the group's only female, the only ethnic and the only non-Georgian. One White House watcher wisecracks: "They had hoped she might be handicapped too." Costanza's job: to deal, as she says, with "organized America," meaning special-interest groups such as senior citizens and gay organizations. Costanza is much more liberal than Carter on most issues, and thus far has not had much impact on policy...