Word: michaele
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Dates: during 1990-1990
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Elvis (ABC). In the realm of unpromising ideas, this one looked like a lulu: the King's early life recounted in half-hour chunks of musical docudrama. The surprise was that star Michael St. Gerard created a character, not just an Elvis impersonation, and the short-lived series was a lovely evocation of the American show-biz myth...
...Michael Kantor, 44, lost his job last summer as vice president of the United Cotton Goods Co. of Griffin, Ga., a textile company that Kantor says was "beaten to death by imports." He has flooded the mails with resumes, in the hope that "if you shoot enough bullets into the woods, a deer will run into one." He answered an ad in the Wall Street Journal for a corporate financial officer last September and waited months for a response. "As people are scared, they are taking longer to make decisions," he said. That is true, a company official agreed...
...Word Most Desperately Avoided Federal Reserve Chairman Alan Greenspan called it a "meaningful downturn." Chief White House economist Michael Boskin dismissed it as a "lull." President Bush described it as a "slowdown." But by the end of the year, everyone saw it for what it was: a recession...
During the year, the symbolic targets of the '80s were shot down one by one: Donald Trump, Leona Helmsley, Imelda Marcos, Manuel Noriega, Michael Milken. Each comeuppance inspired an uneasy mix of glee and fear -- uneasy because we had so lately embraced the values of those whose falls we were cheering...
...crisis was touched off two weeks ago when Michael Williams, a mid-level Education official in charge of civil rights, announced a startling reinterpretation of existing federal anti-discrimination laws. College scholarships exclusively earmarked for minority students are illegal, he declared, and institutions that offer them may face a cutoff of federal funds. Colleges and universities around the country immediately set off alarm bells and sent the Administration scrambling to clarify a policy that Williams had apparently enunciated without consulting the White House...