Word: barney
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...distance as his son was ushered into the American Dream. Congressmen like Dan Burton flew to Miami to meet him and report to the waiting media circus that they had discussed every Yankee virtue from the Federalist papers to 401(k)s. Elian went to Disney World, hugged Barney, celebrated his sixth birthday with the gift of a toy gun. He fell in love with chocolate milk; a Florida cousin who visits regularly told TIME that whenever Elian's cousin Marisleysis poured him a glass, she made a point of adding that "Fidel Castro won't let his grandmas make...
...state has employed the investment firm Salomon Smith Barney to look at possible alternatives to keep the insurer afloat. The state has announced that it would release several reasonable and realistic options for taking HPHC out of state control by Friday...
...have the bond vigilantes lost their effectiveness? John Manley, a market analyst at Salomon Smith Barney, traces it to the stock market's wealth effect. "People have money," he says. "Why wouldn't they spend it?" If you're sitting on stock worth twice your dreams, it's unlikely that higher rates will keep you out of the mall. And consider: more folks can sell stock and pay cash for a boat, a car, even a house. If they don't have to borrow, interest rates are immaterial...
...massive carnage among Internet retailers over the next few years. During the past two weeks, with holiday sales booming, Amazon's stock price has soared to $94. The stock has split three times. Sales are expected to crest $1 billion this year. "We firmly believe," says Salomon Smith Barney's Holly Becker, "that Wall Street will look back on these growing pains and realize management's foresight in developing one of the smartest strategies in business history...
NORM STAMPER Seattle police chief quits after WTO fiasco. Picture Barney Fife with a latte