Word: manhattanization
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...approval when Buchanan slams President Clinton for lending billions of dollars to Mexico. "Why did we send them $50 billion?" the maverick Republican asks. "Because bonds were coming due, my friends!" And he cuts the air with a karate chop. "So we got the New York bankers--Citibank, Chase Manhattan and Goldman Sachs--off the hook. But guess who's on the hook? You and your children and grandchildren!" The crowd applauds enthusiastically--as it does each time Buchanan sets up and knocks down another alleged enemy of the American worker, from trade agreements to the United Nations. Afterward, Mitchell...
Last week Fidel Castro took Manhattan. He was in town along with leaders of scores of countries to join in the 50th-anniversary celebration of the United Nations, but somehow he became headliner of the show. He received more than 200 invitations, including one from a woman in New Jersey who wanted to hold a barbecue for him. He dined with the Rockefellers, lectured blue-blood investment bankers and stopped by Time Inc., the New York Times and the Wall Street Journal. Castro even made the front pages of the tabloids when he--like Yasser Arafat--was declared unwelcome...
...Ford, was electrifying the fashion world with a revival of '60s rebellion. Soon celebrities like Madonna were in head-to-toe Gucci. At the company's London boutique this fall was a waiting list 100 chic names long for the new, $325 velvet hip-huggers. At Bergdorf Goodman in Manhattan, 256 women await a reshipment of $295 high-heel pumps. The fever has hit Wall Street. Last week Gucci was the red-hot initial public offering. At $22 a share, the once unhip, money-losing 72-year-old Florentine company was worth $1.3 billion...
Before launching Investcorp, Kirdar worked for Chase Manhattan Bank, where he was in charge of operations in the Persian Gulf. (Many of his senior executives are Chase alumni.) He was there at the height of the oil shocks of the 1970s and forged close ties with some of the richest men in the region. Abdul-Rahman Al-Ateeqi, a former Oil Minister and Finance Minister of Kuwait, has been Investcorp's chairman since the beginning. The vice chairman, Ahmed Ali Kanoo, heads a family with a net worth estimated at $1.5 billion...
...Heart Line" and pledge money and/or medical equipment. Despite this innovative, Roman circus-like approach to charity, the New York City-based show sparked a furor when local social-service agencies complained that they were being overwhelmed by indigent would-be contestants who had been showing up in Manhattan from all over the nation with no means of returning home...