Word: setting
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Dates: during 1990-1990
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...fact, the law that set the rescue in motion last year was so deeply flawed that it may have worsened some of the industry's woes. For example, regulators imposed strict new lending standards on thrifts and commercial banks; the restrictions helped cause a credit crunch earlier this year. Ironically, many thrifts may go belly-up because of the tough new regulation. The standards require thrifts to have more capital on their books than even some profitable S&Ls had previously carried. As a result, even some well- managed institutions such as Chicago's 68-year-old Talman Home Federal...
...pushed to move forward," says Kathleen Hall Jamieson, dean of the Annenberg School for Communication at the University of Pennsylvania. "That time has passed." Concedes Bradlee: "We're less concerned with taking risks now that we're successful and 25 years older. There's a certain conservatism that has set...
...shift toward a more staid Post was set in motion by Donald Graham, who in 1979 succeeded his mother Katharine as publisher. While Mrs. Graham took pride in Bradlee's hard-edged approach and backed him when he drew criticism, the young Graham is more attuned to Downie's wariness. He has turned the Post's focus more toward local news, opening four suburban bureaus in the past five years. Says Graham: "We want to be the paper for everybody in this area -- people with key federal jobs and, we hope, the people who clean their offices...
...leader is "not great," snapped Mikhail Gorbachev. An "indecisive . . . master of half measures," countered Boris Yeltsin. That was the kind of gibe the Soviet Union's two leading politicos had been exchanging in three years of unabated rivalry. Last week they decided to cooperate: Gorbachev and Yeltsin agreed to set up a commission to frame a relatively radical plan for introducing a market economy. Said Nikolai Petrakov, a Gorbachev adviser and member of the 13-man panel: "This is the most important information...
Hank Steinbrenner, 33, has been running his father's horse-breeding farm in Florida and moonlighting as a high school soccer coach. His baseball experience consists of a limited apprenticeship, not entirely remembered fondly. Dave Righetti recalls that in mid-season 1986, the year he set a record with 46 saves, Hank Steinbrenner proposed that the Yankees' ace reliever be immediately replaced by a career minor-leaguer who had just saved his first and only game in the majors. "I don't mind that from George. He signs the checks," says Righetti, the senior statesman among the denizens of baseball...