Word: blitzers
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...Investors, State Street Global Advisors, Merrill Lynch and the Bank of New York are looking into adding exchange-traded funds to retirement-plan options. These hybrid instruments track indices the way an index fund does--you own the whole market--yet they can be traded like a stock. David Blitzer, Standard & Poor's chief investment strategist, recommends them for 401(k)s because they're easy to understand and offer diversification and low cost...
Despite the sell-off, the probability of a repeat of the crash in 1987 remains low, says David Blitzer, chief investment strategist at S&P. Still, preceding that crash "we had a high volatility week and a high-anxiety weekend," he notes, adding that the current environment feels a lot like that. And so far there has been no cathartic sell-off, just a steady exodus, mainly from tech stocks. Market watchers would like to see capitulation--a panicky selling spree that flushes out all the worrywarts and sets the stage for the next bull market...
...insurgency on branding himself an outsider, a man whose integrity and authenticity prevented him from garnering the many party endorsements that befell his deep-pocketed opponent. Yet McCain is poised to become the most important and influential endorser the Bush campaign will likely receive. On Sunday McCain told Wolf Blitzer on CNN's "Late Edition" that he planned to begin stumping for Bush "sooner rather than later" - the strongest indication yet that the two sides have made amends. What he didn't say, however, was what concessions he sought or received in return for his blessings...
Surprisingly, the server had not been set up to reserve any usernames, such as President_Clinton or Wolf_Blitzer, to specific computers. Anyone could take those names, without even a password, as long as no one else had them first. Since Clinton and Blitzer had been logged in from the beginning, this did not seem to be a problem--until one clever user wondered what would happen if the server crashed...
President_Clinton then told the chat room, "Personally, I'd like to see more porn on the Internet." When Blitzer reconnected a few seconds later, President_Clinton asked him, "Wolf, how about you? Are you all for more porn on the Internet...