Word: dows
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Dates: during 1990-1999
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...blew town Aug. 15 for a one-week remote-island getaway, you could have concluded upon returning that you hadn't missed a thing on Wall Street. The Dow Jones industrial average was at 7942 when you departed; 7894 when you reappeared, a pimple of a drop. But you would have been wrong--and missed the perverse pleasure of watching hordes of young traders sweating through their custom-made threads while the market extended and retracted like a bungee jumper flung off the George Washington Bridge...
After the Dow posted a record 257-point gain yesterday, investors in Southeast Asian markets pushed ahead. Hong Kong's Hang Seng index had it's biggest point gain ever, soaring 978.66 points to close up 7.13 percent at 14713.99. Markets from Australia to Taiwan also recorded strong gains...
...judges accrediting scientists is controversial enough. "It's very discretionary," says Sheila Jasanoff, head of science and technology studies at Cornell University. "As a result, you're getting court-driven findings as opposed to true science." But even "true" science may sometimes not be enough to sway a jury. Dow Chemical lawyers are armed with studies by Harvard and the Mayo Clinic, assessments from the Food and Drug Administration and the American Medical Association, and testimony from respected scientists, all saying there is no evidence of a significant link between silicone and systemic disease in women with implants. Yet twice...
...case decided by the Louisiana jury last week, plaintiffs' attorney Dawn Barrios presented her case in layman's terms while Dow's lawyers showed up with treatises and textbooks. "You could see the jury's eyes glaze over," she says. Moreover, internal Dow memos explicitly referring to "cover-ups" and calling the marketing of the implants "inexcusable" and "right up there with the Pinto gas tank" did nothing to win sympathy for the company...
...Still, Dow claims to have not only the weight of scientific evidence but also a trend among juries: 14 out of 19 smaller cases were decided in favor of the company this year. Lawyers for the plaintiffs hope the Supreme Court will restore some of their power to call witnesses by reconsidering and reining in its Daubert ruling. As for the women in the case, their appeal is one that neither science nor law has answered so far. Says Laitinen: "We just want our health back...