Word: crashes
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Dates: during 2000-2009
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...Kennedy, scion of America's most famous political family and a wealthy investor in his day, told of selling his holdings before the 1929 market crash because a shoeshine boy had offered him stock tips. The story may well be apocryphal, but in the decades since, shoeshine boys have become a kind of insider's measure of how a market's doing. In the main shopping center in London's Canary Wharf financial district David Peralta is one such oracle, though not because he hands out investment tips...
...Business School during last week’s Business Leadership Program. Created in 1997 by Harvard Student Agencies, the conference aims to teach students about the private sector through exposure to faculty members and various professionals from the business world. Upon arrival last Sunday, participants were immersed in a crash course on accounting, courtesy of management doctoral student Ethan S. Bernstein. “We want to prove that undergrads are prepared to sit in the seats of an HBS classroom,” Bernstein told participants. “You’re used to hearing teachers who have...
...nation remembered the tragedies of 9/11. Both camps agreed to suspend their campaign ads, and Obama and McCain visited the World Trade Center site together. (Obama had lunch with Bill Clinton in his Harlem office earlier in the day, while McCain visited Shanksville, Pa., the crash site of United Flight 93.) Given that most polls have shown the race to be tightening, the candidates will no doubt be eager to get back on the stump. Obama and McCain took the day to step back - for the most part - from an intensifying political debate, perhaps mindful of the last presidential campaign...
Economist Robert Shiller has a new book out. You'll be thrilled to learn that it doesn't contain any warnings about a looming market crash. Well, unless you count that bit about the "train of catastrophes" that might ensue if current efforts to stabilize the financial system fail. But that's not really a prediction...
...least that's the idea. And even if you don't buy it, you can't deny that it's more palatable than another warning that the market is about to crash...