Word: 1970s
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Dates: during 2000-2009
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...most of the years since the company was started in the late 1970s, Microsoft has grown rapidly. That is not going to happen anymore. It is too large and that makes it a captive of the economy. Microsoft is not going to outperform the trends in global technology spending by a great deal, and it will rarely do much worse. What will happen is that Microsoft will remain the dominant force in business, server, and PC software for years. The company's products are too ubiquitous and too well-designed to be easily replaced. Microsoft will have competition, but that...
...Lopez's (Downey) relationship with a homeless schizophrenic named Nathaniel Anthony Ayers (Foxx), whom he met in a downtown LA park in 2005. Ayers was playing a violin during that first encounter, apparently quite well, despite it having only two strings. He had been a Juilliard student in the 1970s, until mental illness cost him just about everything but his love for music. That year, Lopez wrote nearly a dozen columns detailing his attempts to understand and assist Ayers and, in 2008, published a book about their friendship. (See pictures of a band of hobos...
Computerization spurred a boom in the 1970s and '80s, as did new methods of analyzing consumer data to unearth the most lucrative "revolvers," those who often carry high balances but are unlikely to default. Critics say contracts today, with their ever shifting terms and complex legalese, have helped customers get into more debt than they bargained for. Though Congress shelved earlier proposals for a credit-card holders' bill of rights, a new version was introduced in January, and this time, economic hardship coupled with populist outrage could translate into legislative change...
...theater artist has been sabotaged by praise more cruelly than Alan Ayckbourn. The British playwright was hailed in the 1970s for a string of comedies that, thanks to their abundant laughs and popularity in London's West End, got him dubbed the "British Neil Simon." That wildly inaccurate moniker stuck, even as Ayckbourn's early comedies, like Absurd Person Singular, gave way to increasingly dark and adventurous work - plays that were no longer surefire hits in London and in most cases never even got produced...
Before the inflation and deregulation of the 1970s put an end to old financial ways, the formula for successful banking was said to be 3-6-3: bankers borrowed at 3%, lent at 6% and hit the golf course by 3 p.m. It was an inefficient, seemingly archaic system. But it allowed banks to make healthy profits without taking big risks and protected the financial system from the volatility inherent in market-based shadow banking. We've now returned, temporarily at least, to something like 3-6-3. We may want to consider making it permanent...