Word: ditto
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Dates: during 2000-2009
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...grave. In the opening sequence of Sunset Boulevard, the police rush to a murder scene where a corpse floats. The voiceover says, "The poor dope. He always wanted a pool. Well, in the end he got himself a pool, only the price turned out to be a little high." Ditto Gatsby, which ends as Sunset Boulevard began, with police and photographers peering into the bloody water at a man, full of bullet holes, who had wanted a pool to impress the girl whose voice was full of money...
...better off in the short run tapping your home-equity line than margining your brokerage account. And consider: if you have tapped a home-equity line for any reason, and you also own stocks in a taxable account, you've effectively leveraged your house to be in the market. (Ditto credit cards: carrying a balance while holding stocks is like charging your investment...
Bankers are quick to defend the trend, noting that new- and old-economy industries are colliding as the world goes online. Disney buying Infoseek isn't cross industry, they argue. It's all media. Ditto AOL and Time Warner. O.K., but broadening the definition hasn't helped Disney execs better understand the Internet company it bought for $1.6 billion. The Mouse refocused its prize acquisition yet again last week. And while AT&T and its recent quarry, cable operator MediaOne, are both in the data-transmission business, it is a leap to believe the phone guys can manage cable assets...