Word: bartons
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...said. Clinicians tried to reason with people, explaining that their odds of being hit by a car while running to the ER are far greater than their chances of contracting anthrax. "We've been testing a lot of Sweet'N Low, drywall dust, sugar and talcum powder," said Kathy Barton, chief of public affairs for Houston's department of health and human services. "When we think we get the public calmed down, something else cracks down in Washington or New York and it heats up again...
Because sometimes it doesn't pay off--for employee or owner. In May, Robert Barton of Burr Ridge, Ill., took a $10,000 pay cut when he switched from his old job at an energy trade publication in Washington to a position as a manager at a business-intelligence outfit in Chicago, lured by the prospect of earning hefty commissions based on the business he helped bring in. "I saw the upside of this arrangement," he recalls. Soon enough, he saw the downside. On Sept. 14, the national day of mourning for the terror attacks, he was let go during...
Consider also that in the past 70 years, there have been 11 stock bubbles and that every one of the ensuing busts included a fake-out rally of at least 30% and lasted at least two years before fully washing out, says Barton Biggs, chief global strategist at Morgan Stanley. "This kind of bounce is what you expect," he adds. You also expect it won't last. The pullback, when it comes, will be severe if accompanied by news that suggests the economy won't rebound this year...
Though Houston no longer relies so heavily on the energy business (down to 48% of the local economy from 82% in 1982) the turnaround sure feels good after the city lost more than 15,000 energy-sector jobs two years ago, says Barton Smith, director of the Institute for Regional Forecasting at the University of Houston. It has gained those jobs back, plus some. Says Smith: "The current boom is what's keeping Houston afloat while the rest of the country is suffering...
...Though Houston no longer relies so heavily on the energy business (down to 48% of the local economy from 82% in 1982) the turnaround sure feels good after the city lost more than 15,000 energy-sector jobs two years ago, says Barton Smith, director of the Institute for Regional Forecasting at the University of Houston. It has gained those jobs back, plus some. Says Smith: "The current boom is what's keeping Houston afloat while the rest of the country is suffering...