Word: street
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Dates: during 1980-1989
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When George Lorinczi, a Hungarian-born Washington lawyer, visited Budapest last month, he heard racial epithets on the street directed at people around him. In the anti-Communist tirades of self-professed liberals, there were pointed references to the predominance of Jews in the regime of dictator ! Matyas Rakosi in the early 1950s. "People are now rolling words off their tongues that would have made them jailbait two years ago," says Lorinczi...
...Free elections!" and demanding that Todor Zhivkov, the autocratic hard-liner who had been ousted only a week earlier after 35 years in power, be put on trial. Although the unthinkable has become a daily happening in Eastern Europe, there was still something astonishing in the sight of street demonstrations in this quiescent land. The marches even had the blessing of the week-old reformist government of Petar Mladenov, 53, which has been moving rapidly to harness the country's desire for change. For the first time ever, Bulgarians watched live television coverage of their National Assembly -- and listened...
...sharing bonuses. Sony also agreed to pay $200 million for Guber-Peters Entertainment, which the two men operate. Warner Bros. responded with a $1 billion suit against Sony for inducing Guber and Peters to break their Warner contract. Said Ed Atorino, who follows the entertainment industry for the Wall Street firm Salomon Bros.: "Sony didn't read the fine print. Warner made them...
...thousand paintings by Bernard Buffet. But the Japanese started going after bigger game about five years ago, and already the outflow is immense. Contemporary art has become, quite simply, currency. The market burns off all nuances of meaning, and has begun to function like computer-driven investment on Wall Street. Sotheby's and Christie's between them sold $204 million worth of contemporary art the week before last. Of this, American buying represented only a quarter; Europeans bought 34.9% and the Japanese a whopping...
...with its $3.5 billion endowment and almost limitless spending power, seems unaffected by the rise in price. In May it was able to buy Pontormo's Portrait of a Halberdier at Christie's for $35 million and last week Manet's acridly ironic view of a flag-bedecked Paris street with a war cripple hobbling along it for $26.4 million...