Word: coms
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Dates: during 2000-2009
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UPMIFA was originally drafted following the collapse of the “dot-com bubble” in the early 2000s, Kerr said. Newly wealthy individuals transferred funds to foundations, only to see the value of these gifts plummet with the stock market—thereby rendering them unusable. The current economic crisis is in some ways a “repeat of the doc-com bust, but more widely spread,” Kerr said...
...This is really a determination of the turning point—and we don’t know when the next turning point may be.” The announcement marks the first official recession since 2001, when the economy took a hit after the dot-com bubble burst. Since the announcement did not come as a surprise—many economists have been warning of a recession for months—Poterba said he thought that the psychological consequences of the official declaration would be modest. Though there was a broad selloff in the stock market yesterday, including...
...know about cotton. None of us had a clue what a dot-com was, but we all know what orange juice is. Before you go to work every morning, you use cotton and wool and silk and rubber and rice and wheat and corn and orange juice and coffee and sugar. Nobody can understand IBM. The chairman of the board of IBM can never understand IBM completely. It's got hundreds of thousands of employees. All you've got to do with cotton is figure out if there's too much or too little. That is not easy...
...ceremony not only marked what would have been his father's 87th birthday, but also an historic moment in U.S. history - the national debt was shrinking. Because the clock wasn't built to count backwards, Durst pulled the plug. Just two years later, following the burst of the dot-com bubble and the economic fall-out of 9/11, he turned it back on. The billboard has ticked forward ever since...
...Michael Phelps Rules!I disagree with mark reese?s com?ments in Inbox regarding swimmer Michael Phelps [Sept. 8]. It may be true that Phelps had the advantages of technology in breaking Mark Spitz?s speed records; however, Phelps-with his laser-sleek swimsuits and streamlined swimming caps-competed for his eight medals against other athletes with the exact same advantages. Phelps won those medals fair and square and should not have to justify his victories to those who think he should have done it the ?old-fashioned way.? Janice Heidt, Houston...