Word: bustingly
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Like Rockefeller and Andrew Carnegie, Morgan believed in free enterprise but had seen enough of unbridled competition. For much of his career, he had assembled financing for the railways whose stupendous growth had revolutionized the U.S. after the Civil War. Boom and bust, duplicated routes, desperate price cutting and collapsed enterprises--the bumpy realities of the railroad business left Morgan with a horror of economic disorder. Profits required stability. Stability required concentration. Concentration meant trusts...
...could look at John F. Kennedy, scrimmaging with his clan at Hyannis Port, and not be reminded of another young President, tussling with his kids at Sagamore Hill? Is it any surprise when more recent Presidents try to borrow a bit of his halo? Bill Clinton had Teddy's bust on his desk. George W. Bush let it be known that he spent last Christmas vacation reading a Roosevelt biography, his second since he got to the White House...
...MILLION J.M.W. Turner Juliet and Her Nurse 1970 $5.5 MILLION Diego Velázquez Portrait of Juan de Pareja 1961 $2.3 MILLION Rembrandt van Rijn Aristotle Contemplating the Bust of Homer...
...Bangalore going bust? Not necessarily. But the competition has forced India's outsourcing giants to look for workers beyond its borders. Infosys, Wipro and TCS have all built outsourcing campuses in China and are actively recruiting Chinese employees to serve North Asian markets. Infosys has gone one step further by hiring 300 Americans who recently graduated from top universities. They will undergo six months of training in India and then be redeployed around the world. Wipro is considering opening a campus in Vietnam and plans to hire 1,000 bilingual speakers at a new center in Romania to service European...
...Authorities hope they may be one step closer to putting a stop to it; a police source told TIME Friday that a major operation that could wrap up as early as next week may tip the investigation. Officially, they said Friday that a big step was taken with the bust of a 26-year-old man taken into custody earlier this week. Frank Limon, Chicago's chief of organized crime, described the man, who has yet to be charged, as a potentially crucial link to larger dealers and perhaps the root of the outbreak. While overseeing operations on Chicago...