Word: manhattanization
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Dates: during 1990-1990
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...sobs that shook Michael Milken in Manhattan federal court last week punctuated the most dizzying fall from power in modern Wall Street history. They came as federal Judge Kimba Wood sentenced the financial wizard, whose junk bonds fueled the epic 1980s takeover wars, to 10 years in prison. Said the tearful felon: "What I did violated not just the law but all of my principles and values, and I will regret it for the rest of my life. I am truly sorry...
...anyone who has seen the mini-hit film Metropolitan, the setting will be instantly familiar. This large, chastely furnished library, in a town house on Manhattan's Upper East Side, was where the callow preppies of "Sally Fowler's rat pack" were filmed during their postdance gabfests. On a Wednesday evening the place is filled with grownup baby boomers, many of them huddled at a small bar near the door. But the talk, for the most part, isn't about Hamptons and debentures. A petite blond writer in an electric red dress speculates for a guest about what might happen...
Welcome to the Vile Body, an informal collective of youngish (25 to 40) conservative and libertarian intellectuals; liberals need not apply. Anywhere from 20 to 60 or more of these best and rightest meet for cocktails once a month at the Manhattan Institute, a conservative think tank, to schmooze, network and, above all, exchange ideas and witticisms. The name of the group, proposed by Metropolitan's writer-director Whit Stillman, echoes the title of a brittle comedy by Evelyn Waugh, an author much admired by many Vile Body regulars. Says Terry Teachout, 34, who writes editorials for the New York...
...APPLE CIRCUS. A one-ring circus that is both breathtaking and witty. The traditional panoply of acrobats, elephants and high-wire artists is presented with a sophisticated theatrical flair -- to the delight of kids and adults alike. In Manhattan through...
Rumors of the bank's imminent failure circulated throughout Harlem like a bad dollar bill all weekend. Anxious depositors began lining up outside on 125th Street in Manhattan as early as 5 a.m. last Tuesday, following the Veteran's Day holiday. By 9 a.m. the crowd was chanting, "Save the bank! Save the bank!" But Freedom National Bank was not to be saved. Instead, it became the 155th bank to be closed by the government so far this year. Said a saddened depositor, Joan Carpenter: "It's a shame. This is the only black bank in Harlem, and it shouldn...