Word: 90s
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Dates: during 2000-2009
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...Oxford Economics, who nonetheless believes that while "there is a concern about dependency, financial services have done well historically." At the Guildhall, which is where the City administration is based, policy head Stuart Fraser is bracing for a slump as severe as the one in the early '90s, when house prices collapsed and unemployment soared. Still, he adds, "It's like the aircraft industry. A plane will crash occasionally but what you don't do is stop flying...
...bankers and others who work at Canary Wharf, the docklands development where Barclays, Morgan Stanley, Credit Suisse and many others have their offices. Greenwich is just a short hop from the wharf, thanks to the Docklands Light Railway, which linked up parts of once dilapidated east London in the '90s. Liam Bailey, head of residential research at realtor Knight Frank, says the gentrification started a decade or so ago, and has accelerated in the past five years. Knight Frank is currently offering plush one-bedroom apartments with river views there starting at about $500,000 apiece...
...Alternative Investment Market (AIM) is a good example of how London got so big in the first place, and how it's starting to pay the price. Launched in the mid-'90s as part of the London Stock Exchange, this market for small companies deliberately set out to cut the paperwork for listing firms to an absolute minimum. There's no need, say, for bulky official prospectuses before a stock is listed on AIM, and the market is overseen not by official regulators but by brokerage firms called "nomads," which are responsible for the new issues. For years...
...renunciation of her Catholic faith - indeed, of all faiths - during her student years and after in 1960s San Francisco. Rice's reminiscences about her ensuing atheist period and the success of her decidedly irreligious vampire novels are tinged with some sorrow; she moves earnestly on to the 90s, years in which, she says, a benevolent deity "hunted" her down until she gave in and accepted His divine love...
Pfoho’s 90s Dance While the 90s dance isn’t as charitable as EWC, which donates to The Jimmy Fund, this bi-annual event attracts roaring crowds each time. Gretchen Marina Krueger ’09, a six-time attendee, is a complete advocate of this dated dance. “It’s seriously legit. Always sells out.” Who can resist the chance to dress up like a Spice Girl...