Word: deal
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Dates: during 1990-1999
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...worked his way up from entry-level research analyst to CEO of Keefe, Bruyette & Woods, a boutique investment bank. The firm was on the verge of what would have been his crowning achievement, a $100 million public offering last May. But days before the IPO, the firm canceled the deal when McDermott told his partners he was under investigation by the Securities and Exchange Commission for giving stock tips to a friend. "It wasn't until I saw the subpoena that I saw a name attached to this so-called friend," says John Duffy, the firm's current CEO. "Clearly...
...guilt you may incur in having failed to end world hunger or stop global warming may be unendurable. But if you find yourself on Jan. 1, 2000, surrounded by cold, guttered candles and empty champagne bottles, already unflossed, thinking about elephants and muttering the F word, you can probably deal with...
...proper to mythologize Roosevelt. The New Deal was at times a hodgepodge of conflicting economic ideas, marked more by enthusiasm than by coherence. It restored Americans' faith and hopes, saved them from fear itself, but never really managed to end the Depression. The war did that...
...Eleanor. She served as his counterpoint: uncompromisingly moral, earnest rather than devious, she became an icon of feminism and social justice in a nation just discovering the need to grant rights to women, blacks, ordinary workers and the poor. She discovered the depth of racial discrimination while touring New Deal programs (on a visit to Birmingham in 1938, she refused to sit in the white section of the auditorium), and subsequently peppered her husband with questions over dinner and memos at bedtime. Even after her husband's death, she remained one of the century's most powerful advocates for social...
...results have been spectacular. My sparring partner, my associate Matt Jacobs, and I, forced to pick 10 "teams" each to compete in the B2B Rotisserie League, have crash-coursed the whole 1999 new-stock lineup. We make our mistakes with phony money and save the real deal for the portfolio. Our draft may have lacked the tension of the NFL's live ESPN version, but it turned up such gems as VerticalNet, VeriSign, Commerce One and Ariba, companies that until I had to lay out 750 Gs of Rotisserie money, I couldn't do much more than ogle from afar...