Word: bustingly
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...followed that very desire in the months after his 2002 ejection from Vivendi in the depths of the tech bust. With the help of a borrowed office, he founded the New York City--based mergers-and-acquisitions advisory boutique Messier Partners. Says Messier, in one of the rare interviews he's given since he left Vivendi: "I don't manage large teams anymore that run businesses that you can't control or you can't be sure to get satisfaction from. I like advising CEOs, and I love helping them with negotiations...
...Until yesterday’s revelation. To be sure, Spitzer is not to be pitied. He was the victim of his own bad karma and rank hypocrisy (he orchestrated the bust of a prostitution ring as New York attorney general in 2004). Still, isn’t there something shamefully dishonest about a culture that obsesses over the sex lives of its elected officials? They are, after all, mere men and women, as vulnerable as any to the snares of carnal desire. Their position of power simply invites attention...
Many of the forces that initially sent the economy into a tailspin in 1929 and 1930 have been at work in the 2000s as well: a stock-market boom turned bust, a real estate boom turned bust, unprecedented levels of consumer debt. The reason they haven't metastasized 1930s-style is that this time around, the Federal Reserve has acted forcefully, whereas in 1930 it was a spectator at the national train wreck...
...January he made his first successful claim against a private collector, Shelby White, a trustee of the Met, who agreed to give back 10 items from the collection she had formed with her late husband. And Italy is by no means the only nation making demands. Egypt wants the bust of Nefertiti from the Egyptian Museum in Berlin. Peru says Yale must return artifacts from the Inca ruins of Machu Picchu. And China has asked the U.S. to ban the import of almost anything of aesthetic interest--scrolls, paintings, furniture--made from the prehistoric...
...MORTGAGE BUST As more homeowners default, insurers face a rash of claims, spoiling their once sterling credit ratings...