Word: bartonized
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...turns out, we really do sell when we should buy: more than $30 billion flowed out of stock funds in July, the biggest one-month exodus since the 1987 crash. Selling stocks when prices are so low is "insane," says Morgan Stanley global strategist Barton Biggs. That scared money missed the Dow's 1,000-point rebound...
...euro, who could blame the weary, wary American investor for seeking shelter overseas? Investing abroad is a logical choice to balance your portfolio. But how much? And where? Time senior writer Daniel Kadlec and reporter Jyoti Thottam asked three top portfolio managers, Gary Bergstrom, chairman of Acadian Asset Management; Barton Biggs, chairman of invest- ment management for Morgan Stanley; and Sarah Ketterer, CEO of Causeway Capital Management. Here are their top picks among overseas markets and some advice on the smartest ways to diversify globally...
Human frailty was the cause of the devastating Colorado forest fires, according to your report [NATION, July 1]. How utterly pathetic! U.S. Forest Service employee Terry Lynn Barton caused a horrific tragedy that displaced more than 8,000 people, destroyed thousands of acres and took the lives of fire fighters. But your story sympathetically portrayed Barton as the survivor of a terrible life. What in the heck does a sexual-harassment case not settled to her satisfaction and her husband's lack of ambition have to do with causing a catastrophic wildfire? MARK INNES Livermore, Calif...
...what really hurt was the suspicion that some of the fires they were fighting were set by their own people. Just three weeks after the discovery that Colorado's vast Hayman fire was started by Forest Service worker Terry Barton, officials announced that they suspected the so-called Rodeo blaze in Arizona had been set by part-time firefighter Leonard Gregg so that he would get paid to help...
...first year they came back at Christmas," Hernandez recalls, "they were such a happy family. But it started to degenerate." Even as Barton received promotions at work, says Hernandez, the marriage was dying: "She'd come in really dragged out, really bummed out." John would come and go. By last Christmas, Barton wanted him to sign divorce papers. But he refused...