Word: alongism
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...short sellers for years. Once considered among the most promising growth stocks in America, its debt problems nearly forced it into Chapter 11. Liberty Media put $530 million into the satellite radio company just days before it would probably have gone bankrupt and got 40% of Sirius and along with debt for the capital. The company's stock began the trading year at $.12 and fell to $.05 in early February on concerns that it might fold. Since then, the shares are up over 8x to $.43. There were almost 167 million shares sold short in Sirius as of April...
...H1N1 swine flu virus has already been identified as a new virus, with genes from human and avian flus as well as the swine variety. And since it is apparently causing large-scale outbreaks in Mexico, along with separate confirmed cases in the U.S. and Canada and suspected cases in other countries, it would seem that we've already met the criteria for phase 4. But though an emergency committee met on April 25 to evaluate the situation, the WHO hasn't made the pandemic declaration yet. Keiji Fukuda, the WHO's interim assistant director-general for health, security...
...signal for serious containment actions to be taken on the national and international level. Given that these actions would have major implications for the global economy, not to mention the effects of the public fear that would ensue, there is concern that the WHO may be considering politics along with science. "What the WHO did makes no sense," says Osterholm. "In a potential pandemic, you need to have the WHO be beyond question, and (April 25) was not a good day for them...
...come in and say, 'I want to make sure I use all my insurance benefits before the end of the year," says Woody Oakes, a dentist in New Albany, Indiana, and editor of The Profitable Dentist magazine. "Ireland, the U.K., Brazil - dentists everywhere are telling me the same thing." Along with their smiles, employees are also rushing to look after their sight: Specsavers, a U.K. eyeglasses retailer with 12,000 corporate clients, saw year-on-year growth of 40% in 2008, despite the downturn. Corporate insurance provider CIGNA UK expects claims to jump as the crisis worsens. Says marketing director...
...happy that I could in some ways instigate the conversation. People who may not have considered the issue before considered it. But I think it was a train that was rolling along on its own. It didn't need a lot of help from...