Word: yen
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Dates: during 1980-1989
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...Tokyo firm that last September became one of the five largest shareholders of Christie's stock, with 6.4%. Aichi, in turn, is controlled by Yasumichi Morishita, a secretive businessman who got a one-year suspended sentence in Tokyo in 1986 for securities fraud. Morishita is reputedly worth a trillion yen ($7 billion), and may be planning a takeover of Christie's -- although it is unlikely that the Monopolies and Mergers Commission would approve...
...with no such ambiguities. It comes with flourishes, a rainbow and a perfect kiss -- full heartstring accompaniment. But from the first frame, Disney's suave storytellers cue you to wonderment in their adaptation of the Hans Christian Andersen fairy tale. Ariel is a mermaid princess with a teenager's yen to travel beyond her world and become part of the forbidden one above. To her father, King Triton of the Mer-people, humans are "spineless, savage, harpooning fish eaters." To Ariel they are skyrockets and sea chanteys and buried treasure -- the thrilling unknown. Then she spies hunky, lonely Prince Eric...
Some days recently the real President (named Bush) has been crowded out of the news by the antics of the has-beens. Ronald Reagan was on display in Japan for a reported $2 million (or 284 million yen) from the Fujisankei Communications Group. Jimmy Carter was in Nashville instructing listeners on how he wrote his books. Richard Nixon huffed off yet again to China after disconnecting his AT&T phone service because the company was sponsoring the TV version of The Final Days, last weekend's account of the end of Watergate and Nixon's presidency. Gerald Ford...
...deficit. But their desultory attempts to push down the greenback prompted suspicion that the G-7 group had lost its clout. Last week the finance ministers made a concerted effort to bring the dollar down by intervening in the currency markets. The U.S. currency fell nearly 5% against the yen and about 4% against the deutsche mark by week...
Although FBI agents masquerading as brokers spotted some wrongdoing in the pits where U.S. Treasury bonds and Swiss francs are traded, the bulk of the charges are directed at the Board of Trade's soybean pit and the Merc's Japanese yen pit. The yen traders have long been viewed with suspicion by other brokers, while the old clique of soybean traders had a reputation for playing by their own, traditional rules and resisting interference, even from their exchange officials. The Government has accused no fewer than 19 of the 50 soybean brokers and 21 of the 70 yen traders...