Word: bidness
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Dates: during 1990-1999
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...does deserve a more critical look, and not the unabashed enthusiasm everything e-related receives now. Before we rush to wire every classroom to the Internet, before we give our business to amazon.com instead of the local book store, before we pack our bags and bid au revoir to the real world, we eventually need to decide whether the cost of the convenience, in terms of human interaction, might be too great...
Bush went back into oil. He started hiring for his own company, Arbusto (Spanish for bush), raising money from a network of East Coast backers who were close to his father and uncle, money manager Jonathan Bush. Among them were drugstore tycoon Lewis Lehrman, who lost a bid for Governor of New York in 1982; venture capitalist William H. Draper III, who would become president of the U.S. Export-Import Bank during the Reagan Administration; and Celanese CEO John Macomber, who later landed the same post...
...offer had come from Lee Atwater, the brilliant, erratic young political hotshot Vice President Bush had picked to be campaign manager for his coming presidential bid. On April 27, 1985, Big George had called his family to Camp David to meet the staff that would run his campaign. George W. and his brother Jeb--a Florida real estate investor who was generally regarded as the political comer among the Bush kids--had doubts about Atwater's loyalty because his consulting firm was doing work for Bush rival Jack Kemp. George W. asked him, "How can we trust you?" Atwater came...
Most troubling, though, is a glut of new Internet shares saturating the market, creating a supply overhang that could last through the summer. This is an entirely new situation for Net investors. In the past few years they have had little choice but to bid against rabid techies for the same handful of precious stocks, driving prices through the roof. Wall Street reacted as expected: by underwriting stock deals for every dot com in sight. A flood of new shares hit the market this year, and now the scarcity premium on Net stocks is gone...
...says Meier. "Whether or not the IMF and other Western institutions come through with money for Russia depends a lot less on the outcome of a Duma vote on economic reform than on the outcome of the Kosovo conflict." In other words, the most important Russian negotiators in the bid to get Western financial aid may be the ones in armored personnel carriers at Pristina Airport...