Word: boom
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...earnings ratios of equities. [With hedge funds] we want to get some absolute income in." Yet even though the interest of big institutional funds has enhanced hedge funds' respectability, experts encourage investors to tread warily. The market has grown so quickly that some commentators are comparing the hedge-fund boom to the dotcom bubble. While the best funds do make lots of money, they generally require a long-term commitment from investors. And the lack of consistent and transparent strategies among various hedge funds doesn't help. Says Ian Morley, CEO of Dawnay, Day Olympia, a joint-venture asset management...
CONVICTED. FRANK QUATTRONE, 48, star investment banker who shepherded some of the hottest companies of the dotcom stock boom to the public market and made $120 million in 2000 at Credit Suisse First Boston; of obstructing justice and witness tampering; in New York City. His first trial last fall ended in a hung jury...
...November 2003 editorial in the Boston Herald, Luberoff argued that the legalization of gay marriage in Massachusetts, set to take effect on Monday, could generate an economic boom in the Bay State...
...strongest evidence that this was a rebellion against incumbents rather than an endorsement of the Congress Party's own policies came in the state of Karnataka, whose capital Bangalore is considered the epicenter of India's high-tech boom. There, the BJP won handsomely - the incumbent, of course, was a Congress man. Congress also lost its control of Kerala province, not to the BJP but to the Communists. Indeed, the parties of the socialist Left made their best showing in more than a decade...
Upwards of 250,000 kids in the U.S. are being raised by gay couples, according to the Urban Institute. The 2000 Census showed that one-third of lesbian households and one-fifth of gay male households have children. This "gayby" boom has given birth to a new niche-within-a-niche travel market. Olivia intends to make its Club Med excursion an annual event and has plans for a deluxe camping trip to Yellowstone National Park this summer. Disney is cooperating with the Family Pride Coalition, an advocacy group, on a special Father's Day weekend event expected to draw...