Word: accountability
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Dates: during 1990-1999
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...economy looks pretty healthy until you think about the $1 billion Americans borrow from abroad--each day--to support their big appetite for foreign stuff. Result: this year's current-account deficit, which measures the gap in both trade and investment flows, is headed for $300 billion, up from $155 billion in 1997. That is worrisome to Joel Prakken, chairman of Macroeconomic Advisers, a St. Louis, Mo., forecasting firm, who says, "U.S. indebtedness is growing more than three times faster than the economy, and that can't be sustained...
...accessible to people of every income and social stratum. "It's not just the young and the beautiful or the wealthy any more," says Jenifer Lloyd, a dermatologist in Boardman, Ohio. "I just lasered the wrinkles on an 85-year-old woman. Now she's dating again." Men, who account for about 20% of all cosmetic work, are succumbing too. Stan Madray, 36, who works for an entertainment company in Orlando, Fla., was unhappy with his "chipmunk cheeks that made me look older and worn." His doctor liposuctioned his cheeks and jowls, then beamed a laser under the skin...
...writer's job, Morris observes, is different from the actor's in that the author tries to remember backward, to turn experience into a literary account. "To the actor, only artifice is actual," Morris writes. Unfortunately in this book, Morris has switched roles...
...Environmentally Responsible Economies (CERES), based in Boston, are scrambling to issue guidelines and standards. CERES, a coalition of more than 50 investor, environmental, religious, labor and social-justice groups, has launched a global-reporting initiative to set environmental benchmarks for corporate reports. London's Institute of Social and Ethical Account Ability, a lobbying group, has established recommendations for standards for social and ethical reporting and developed accreditation procedures for professionals in this area...
...many disturbing episodes in Gone Boy, one stands out: Greg's moving account of how he and his wife Anne Marie sat down to discuss the case with the killer's parents, C.W. Lo and his wife Lin Lin, immigrants from Taiwan who had established a successful restaurant in Billings, Mont. When his parents visited Wayne in the Massachusetts prison where he is serving a life sentence for murder, Lin Lin recalled, he would rock in his chair "slowly, back and forth, almost as if he were nodding." When she asked him why, Wayne explained that most people who tried...