October 5, 1998 Issue
"It's been hard not to look lately. You go into Citibank and they have all those stock quotes going by your face as you're standing in line. It's the hearth of the nineties."
-- Steve Hoffman, Investor, from "City of Traders"
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City of Traders
President, shmesident. As the Dow has rocketed and plummeted in the past few weeks, New York's market obsession has reached a crescendo. Chris Smith on how the mind-set (if not the bank accounts) the boom created is a permanent part of the city's landscape. James Surowiecki on the "irrational feedback loop" we're living in. Alan Deutschman on a fund manager who bet big on Russia -- and lost. Plus: how New York business, real estate, luxuries, and government would weather a bear market.
Requiem for a Restaurant
Glenn Bernbaum, the gruff gatekeeper of Mortimers, left his building to a hospital, and his patrons bereft. Conspicuously rude, covertly generous, adored by his beau monde clientele, Bernbaum hosted the longest-running dinner party on Lexington Avenue.
For New Yorkers, a coat does double duty as a coat of arms -- an individual statement that must travel stylishly from boardroom to film set, gallery opening to after-hours haunt. We asked a fashionable dozen to flaunt (and explicate) their choices from the fall outerwear collections.
The National Interest
BY MICHAEL TOMASKY
After the video, can anything stop the overhyped, overheated pursuit of the president?
The City Politic
Gay voters agonize over sometime supporter Al D'Amato
Jean-Georges Vongerichten is as brilliant downtown as up
Shape-shifting: sharp knives, curly chairs, fresh scents
Sales & Bargains
Soft touch: kilims, silks, chenilles, and velvets
Despite a roster of international talent, Ronin is an empty exercise in noir
BY WALTER KIRN
Philip Roth's Communist leanings: a winning novel that brims with brash Bolshevik talk and singular if familiar characters
A Streetcar to remember; Art flourishes with a new cast
A sublime Dutch survey; a spotty set of Tiffany glass
Touching Evil outstrips TV horror's usual grimness and gore