Word: chases
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...Coppola and Zoetrope. Three movies the studio was to have released in 1981-not only One From the Heart but also Hammett, German Director Wim Wenders' moody detective drama, and Escape Artist, Caleb Deschanel's saga of a runaway boy-have yet to be seen. The Chase Manhattan Bank, which had lent millions to Coppola, cut off the funding. Staff salaries were met with the help of Paramount Pictures, which bought one of Zoetrope's scripts and offered Coppola a low-interest loan. Paramount also secured the distribution rights to One from the Heart...
Analysts believe that U.S. banks have made about $1.8 billion worth of loans to Poland. Bank of America is" the biggest U.S. lender, with $175 million of debt outstanding. Other major creditors include five New York City banks: Citicorp, Chase Manhattan, Manufacturers Hanover, Morgan Guaranty and Chemical. Each has loans of more than $75 million with Poland...
...artifacts of civilized existence as though they were primarily badges of rank. The days when elitist Middle Americans casually sneered at fellow citizens who lived in suburban split-level houses-which only a Rockefeller could afford today. Inflation is just one of the things that undermined the great status chase. The prior years of sustained prosperity contributed to the same end-giving people of middling status possession of most of the fashions and products (luxury gadgetry, stereos, color TV sets) that only the well-heeled could afford formerly. Then, too, the cultural conniptions of the 1960s and '70s helped...
...status show, old style, still trudges on, to be sure, but it is most noticeable nowadays among the rich and most amusing to notice in Washington, which displays in concentration the social mode that reflects the country's ascendant mood. Says Diana McClellan, who closely monitors the status chase as the Washington Post gossip columnist: "There's more of a polarization now between the really rich and everybody else. These people are plastered with rubies and things to the point where you don't think you've got a chance. How can you hope...
Status, as notion or fact, is inseparable from the human condition. Given the nature of the U.S. as an open society cherishing the premise that anybody is free to rise, a good deal of status chasing was inescapable from the outset. If the chase had indeed rigidified the lines of class in the society, the symbols of status could only have become ever more clear. Reflecting upon that fact, one contemplates the present symbolic (and hierarchical) muddle with a light heart. -By Frank Trippett