Word: white-collar
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...self-esteem that came with having a career," he observes. These days, if an entrepreneur has not made his first million by the time he is 30, his commitment to capital accumulation is suspect. And in the transition from an industrial to a global service economy, many of the white-collar "servants" -- lawyers, bankers, accountants -- are pushing harder than ever to meet their clients' inexhaustible needs...
Like the ever expanding white-collar workday, this stage of family evolution defies all the expectations of a generation ago. For years, stress research tended to focus on men, and so the office or factory floor was viewed as the primary source of tension. The home, on the other hand, was a sanctuary, a benign environment in which one recuperated from problems at work. The experts know better...
...said Federal Appeals Judge William Wilkins Jr. of South Carolina, the commission's chairman. The result, he said, will be "more uniform, fair and truthful sentences." The impact will reach far beyond the several thousand federal defendants who must now be resentenced. The new system means stiffer penalties for white-collar crimes, 87% of which currently end in probation...
...determined to prove his innocence as ever." Milken's defense against criminal charges could be hampered by the Drexel settlement, in part because the firm has promised to cooperate with the U.S. Attorney's probe of his transactions. But Stanley Arkin, a Manhattan attorney who specializes in white-collar crime, says separating the cases could help Milken. Says Arkin: "Milken will now be able to defend just his actions instead of those of 10,000 others...
...north and west. At the same time, cost overruns and federal budget cuts knocked out plans to extend the rails into those parts of town. Result: Metrorail cannot deliver residents of lower-income neighborhoods to the northern suburbs, where many of them work. Nor can it transport white-collar commuters in the opposite direction, from the north to downtown. County officials hoped Metrorail would carry 200,000 riders a day; it transports at most 34,000 (the fare: $1). To stem financial losses, the county may cut back on service, a move that could reduce passenger loads even more...