Word: wealth
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Dates: during 1980-1989
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...issue may be clear cut, but President Bok should be more aware than he seems to be of failures to meet his ideal. How, for instance, may the common practice of naming big givers such as Ivan Boesky to seats on visiting committees be reconciled with the notion? Does wealth give someone the right to evaluate a faculty? Harvard should face such questions forthrightly...
...Fatal Abstraction." In Ridley Scott's Someone to Watch Over Me, a cop (Tom Berenger) is assigned to guard a rich woman (Mimi Rogers) who witnessed a murder. He loves his wife but is seduced by the lady's wealth and vulnerability. And then -- can you hear it coming? -- his child is kidnaped. The cop must wake up to his duties and rely on his wife's cunning to help outwit the killer. Ironically, this exercise in high style may have gone lame with audiences because of its accidental echoes of Fatal Attraction. It's too close, but without...
There is good reason to believe that the bulk of U.S. relief is not reaching those who need it most. Nowhere is the disparity in wealth more apparent than in the San Francisco neighborhood of the capital, where huge houses sit behind electrified barbed-wire fences. These are the homes of the wealthy landowners and businessmen who pulled most of the strings of power before the military coup of 1979. They shop at U.S.-style malls on the Boulevard de Los Heroes, favor the Mercedes-Benz SL and try to overlook the rat's nest of tin and cardboard huts...
While Wall Street whipsawed wildly last week, America's companies tried to maintain their composure. Though many corporate executives were rattled by what has happened to their firms' stock, and their own personal wealth, since August, most were determined to stay calm and not make any rash moves. Almost no one rushed to slash production or shelve capital-spending plans. But many companies began taking a hard look at their operations, realizing that further market declines could bring on a recession. For companies that had been planning to issue new stock or for young firms hoping to go public...
...slumping. Maryann Keller, a prominent auto analyst with Furman Selz Mager Dietz & Birney, a Manhattan-based investment firm, predicted that U.S. sales of cars and trucks would fall about 15% next year, to 9.5 million vehicles. One reason for her gloomy forecast, she said, was that the loss of wealth caused by the stock- market decline would have a "significant effect on consumer confidence and the ability to spend...