Most of the Decade

Most Bullish Stock Market. Hardly daunted by such trifling matters as the 1987 crash, the Tokyo Stock Exchange zoomed to 38,040 points on the Nikkei average last week, a gain of 500% from the start of the decade. By comparison, Wall Street's Dow Jones average rose 240%.

Sorriest Dealmaker. All's fair in love and takeover war, or so thought Texaco. In 1984 the Lone Star oil giant pined for Getty Oil, even though that company had already pledged its hand to another suitor, Pennzoil. Texaco managed to seduce Getty with a sweeter offer, but the jilted Pennzoil persuaded a Dallas jury...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!