The space of all solutions to the string equation of the symmetric unitary
one-matrix model is determined. It is shown that the string equation is
equivalent to simple conditions on points V1 and V2 in the big cell \Gr
of the Sato Grassmannian Gr. This is a consequence of a well-defined
continuum limit in which the string equation has the simple form \lb \cp
,\cq_- \rb =\hbox{\rm 1}, with \cp and \cq_-2×2 matrices of
differential operators. These conditions on V1 and V2 yield a simple
system of first order differential equations whose analysis determines the
space of all solutions to the string equation. This geometric formulation leads
directly to the Virasoro constraints \L_n\,(n\geq 0), where \L_n annihilate
the two modified-KdV \t-functions whose product gives the partition function
of the Unitary Matrix Model.Comment: 21 page