Word: 80s
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...Before Saturday, the losing team in six of the previous seven Games had scored one touchdown or less. 1986 thus joins 1984 (when Yale won, 30-27) as the only Games of the '80s in which both teams cracked double digits...
...passed for journalism in the '70s. Sometimes See is right on the money: "I don't remember Jack very well at all. And we were married five years! He hated the way I held hamburgers." But there is not enough of this to pass for serious fiction in the '80s...
...global automaking capacity that has already dramatically increased output around the world and will do so for several more years. South Korea is showing that a developing country can build an auto industry almost overnight and quickly crack the American market. Japan, the premier auto exporter of the '80s, is still fighting hard for U.S. market share and is rapidly building up its own American manufacturing capacity, largely in so-called transplant factories that depend heavily on imported Japanese parts. Meanwhile, American auto companies have entered into new and exotic relationships with foreign producers, both in the U.S. and abroad...
Change -- painful and profound -- is something that U.S. auto companies, especially Detroit's Big Three, have been struggling with for years. Battered in the early '80s by recession and imports, GM, Ford and Chrysler were bolstered by short-term protectionist measures, chiefly the imposition of "voluntary" export restraints on the Japanese. By 1984 the Big Three had rallied to their highest profit level ever: $9.8 billion...
...huge judgment could have a further chilling effect on the speculation that has swept the high-tech, high-volume stock market of the '80s. Boesky (pronounced Boe-ski), the son of a Russian immigrant, often played a central role in the dealmaking. His career was based on the high- rolling game known as risk arbitrage -- the opportunistic buying and selling of stocks in companies that appear on the verge of being taken over by other firms. The prices of those securities generally surge, giving arbitragers the chance to make swift profits...