Word: a-year
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WEITZ: We had a 25-year bull market where stocks got systematically inflated, and we've had only a year and a half of squeezing that out. I don't think they're especially cheap. If you had to buy today and hold for five years, it might turn out O.K. But I don't think you automatically get 10%-a-year returns from here...
...deal, as it turned out. Ted detailed a top staff member to the campaign and called nearly every day to urge his son to work harder. Patrick knocked on 3,000 doors and spent an unheard-of $93,000--$73 for every vote he got--to win a $300-a-year job. On Election Day, Ted, Joan and John Jr. stationed themselves at polling places with hired photographers and Polaroid cameras, posing for souvenir snapshots with voters. Even Skeffington's campaign manager had one taken. Patrick won in a landslide, and on election night Ted phoned Jackie and Rose...
Ironically, the slumping job market could help rekindle employee loyalty, which had seemed as old-fashioned as a time clock when workers could bounce around with impunity. Accounting major Katherine Stiveson plans to start a $41,000-a-year job with Deloitte & Touche this summer after she graduates from California State University at Northridge. And Stiveson vows to work extra hard. "I'm going to make sure I'm doing my job well and stay an aggressive employee," she says. "I don't want to be laid...
...Columbus remembers noticing with alarm last summer that her three-year-old daughter Betsy had memorized an awful lot of TV commercials. The toddler announced that she planned to take ballet lessons, followed by bride lessons. That helped inspire her mother, then 37, to quit her $150,000-a-year job as a marketing executive. She and her husband, Brent, a bank officer, decided that Betsy and their infant son Andrew needed more parental attention if they were going to develop the right sort of values. Marsha explained, ''I found myself wondering, How wealthy do we need...
Instead, Clinton's ex-presidency is shaping up to be a shriveled version of his presidency. As he copes with a new crop of scandals--the $190,000 worth of going-away gifts, the $800,000-a-year midtown-Manhattan office suite he wanted to rent, the 177 last-minute clemencies he granted and, above all, the one he handed to fugitive billionaire Marc Rich--Clinton's new life feels like the old one, minus the power and the pulpit and the retinue of aides. His war room is a half-furnished Dutch Colonial in the New York suburbs...