Word: 1990s
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...California that would become Neverland. Maintaining the theme park - complete with zoo, movie theater and fairground - swallowed up about $5 million annually. As Jackson gradually retreated from work, the additional millions eaten up by plane charters, antiques, lavish gifts and legal disputes - a child-molestation case in the early 1990s cost Jackson around $20 million to settle - left a hole in his fortune. To help plug it, in 1995 the singer signed over to Sony a 50% stake in the rights to the Beatles' catalog in exchange for almost $100 million. (Watch TIME's video "Appreciating Michael Jackson, the Musician...
...alliance with Sufi Muhammad, the hard-line cleric it enlisted to broker peace in the Swat Valley earlier this year, proved equally disastrous. Muhammad's politics were well known: during the 1990s he had waged a campaign of violence for the imposition of an austere form of Islamic law in the Swat Valley, and in late 2001, he led hundreds of young men to fight the U.S. invaders in Afghanistan. He had been imprisoned upon his return, and released last year on the condition that he disavowed militancy...
...long career, Hill has put together a useful tool kit for handling protracted negotiations (like those in North Korea) and the aftermath of ethnic and religious conflicts (in the 1990s, he worked with special envoy Richard Holbrooke in the Balkans). It may help too that Hill has a reputation for being approachable and unburdened by ideology. In Iraq, he will need all his diplomatic skills and then some. Iraqi officials like to say they want the same things as the U.S., though they don't like American lectures on how to get them. But Hill has already learned that...
...1990s and 2000s, in fact, this myth of the rational market was embraced with a fervor that even Irving Fisher never mustered. Financial markets knew best, the thinking went. They spread risk. They gathered and dispersed information. They regulated global economic affairs with a swiftness and decisiveness that governments couldn't match. And then, as debt markets began to freeze up in 2007, suddenly markets didn't do any of these things. "The whole intellectual edifice collapsed in the summer of last year," former Fed chairman Alan Greenspan said at a congressional hearing in October...
...found it wanting. But the strong performance of the U.S. stock market and economy tended to silence doubts about the wisdom of the market both on campus and where it really mattered--in Washington and on Wall Street. Shiller warned repeatedly of irrational exuberance in stocks in the late 1990s and in housing in the early 2000s. He was largely ignored both times--until he turned out to be right. Unwillingness to countenance the possibility that market prices might be wildly wrong defined the behavior of regulators, corporate executives and most Wall Streeters during both the tech-stock and real...