Word: recently
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Dates: during 1980-1989
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...have propped up stock prices and brought in fat advisory fees. Faced with a drop in the number of mergers and acquisitions, which fell 29% during the July-September quarter compared with 1988's third period, major investment firms have announced the layoffs of nearly 2,000 employees in recent months. Particularly sharp cutbacks have come at Shearson Lehman Hutton, which is dismissing 800 of its nearly 37,000 workers and said last week it would reshuffle its top management...
...Antipodal Acquisitor. In 1983, in the midst of his glory days, Alan Bond's sloop Australia II captured the America's Cup. In the same determined manner, Bond, 51, has run up more than $3 billion of debt in recent years while capturing a global empire of properties ranging from half of Chile's telephone system to Wisconsin-based G. Heileman Brewing. To lighten his crushing debt load, Bond is now shedding properties almost as fast as he acquired them...
Resentment against the army's influence over civil society almost certainly played a role. In a recent survey, 73% of those questioned said officers have a better chance of promotion in civilian life, 59% thought their boss was an officer, and 34% added that he continued to treat them like soldiers in the office. The cooler new military mood may also reflect the "feminization" of Switzerland. Women did not receive the vote until 1971, and they have become a more powerful presence in the workplace and in politics. "There's a male network to which women don't belong," says...
...Seldom in recent times has a regime cared so little for the real attitudes of outwardly loyal citizens or for the sincerity of their statements...
...Czechoslovakia's 15.5 million citizens have more cause to be astounded by the events of recent weeks than Vaclav Havel? Since the Soviet invasion in 1968, Havel has been the conscience of Prague, a world-famed playwright who might have exploited his status as an intellectual superstar to emigrate to the West, but refused to do so. Instead, Havel, 53, stayed behind, suffering censorship, intermittent police surveillance and repeated jailings so he could continue to give voice to the frustrations and yearnings of a frightened -- and until now mute -- populace...