Word: bankses
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Dates: during 1990-1999
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Compare today's system to that of the fifties, in which employees might work for one company until they retired. Indeed, Willy Loman could not work for his company's competitors or a different industry. He had to sell item Y for company X or die trying. Thus, as we...
This model of mutual exploitation undoubtedly represents decades of research and refinement. Just as today's advertisement campaigns casually capitalize on counter-culture-subsuming themes such as "revolution" to arrive at the most efficient means of marketability, so too the consulting firms and investment banks use today's employment patterns...
The initial downturn didn't surprise the Fed or the Treasury too much. For the better part of two years, Greenspan and Rubin had been quietly fretting about the narrowing "spread"--the difference in interest rates--between U.S. bonds and emerging-market bonds. By 1996 banks were lending money to...
Rubin has had his star turns as well. In late 1997 he probably single-handedly stopped a panic about Korean debt from avalanching into a U.S. market crash by working the phones, convincing international bankers that they should cut Korea a break. It was not a welcome pitch. "This is...
Tsutsumi doesn't kid. He met with Samaranch at a Tokyo hotel and discussed the I.O.C. head's pet project: an Olympic museum on the banks of Lake Geneva in Lausanne. Tsutsumi lined up 19 Japanese corporations, and together they contributed $20 million to build Samaranch's hall of fame...