Word: two
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1990
Sort By: most recent first
(reverse)
...inflation, in the fourth quarter, and show smaller declines in the first half of next year, according to TIME's panel. (The economy grew at an anemic 1.4% rate in the July-September quarter.) The downturn would meet the official definition of a recession, which is at least two straight quarters of falling GNP. The panel said the U.S. appeared likely to resume slow growth by mid-1991 as the Federal Reserve Board lowers interest rates to stimulate business activity. That scenario would amount to a far milder recession than the severe 1981-82 downturn, which lasted 16 months...
Most Outrageous Bonus Just two months before declaring bankruptcy, the investment firm Drexel Burnham Lambert handed out $260 million in bonuses to its employees. Some reaped as much as $10 million. The total was more than twice what the company could have used at the last minute to avoid defaulting on its debts...
...savings and loan business," said Neil Bush. The President's son served as a director of Silverado, the Denver S&L, just before the thrift collapsed in a $1 billion heap in 1988. A judge later urged that Bush be disciplined for not disclosing business deals with two Silverado borrowers...
Worst Thing to Try at Home When two doctors working at Atlanta Hospital came up with a radical AIDS treatment -- heating up the patient's blood -- they let CNN know about it after just one trial. The gullible network broadcast live reports of the second attempt at treatment, giving free and favorable publicity to a farfetched, unproven medical procedure...
Toughest Test for Civil Libertarians Comedian Andrew Dice Clay flaunted his street-punk misogyny so outrageously that his concert film was withdrawn by 20th Century Fox and his appearance as host of Saturday Night Live prompted two women performers to walk out. Meanwhile, liberals defended to the death his right to say things they wish he'd just shut up about...