Word: excessions
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...rate scientist but as a world-class adventurer--iron willed, intrepid and innovative. He and his colleagues have hauled tons of equipment across yawning crevasses and braved hurricane-force winds capable of sending tents skittering to the edge of precipices. And they have lived and worked at altitudes in excess of 20,000 ft. for four to six weeks at a time...
...wheel. Today's prosperity has been fueled by people working longer hours than ever, and it is especially challenging to parent creatively and well when you're strung out and exhausted. The extended-family structure that once shared the burdens and reinforced values has frayed. Nothing breeds wretched excess like divorced parents competing with each other and feeling guilty to boot. It's not an option, as it once was, to let kids roam free outside after school, bike over to a friend's house, hang out with cousins or grandparents. The streets are not safe and the family...
...owner, has realized a dream of providing dolls of color for the collector or novice. Porcelain dolls, spoon dolls, painted faces on frying pans; soap holders with brown faces and an expanding line of doll handicrafts line the walls of this gutsy store. With the sturdy Bag Lady, stash excess shopping bags in style...
...main reasons Mack was hired, is an IPO scandal that has shredded the firm's reputation. There are other issues at CSFB too. The firm overpaid for competitor Donaldson Lufkin & Jenrette, and now is losing some of the star bankers that came with that acquisition. CSFB defines excess: 60% of revenue goes toward employee compensation, a full 10 percentage points over the industry norm...
...times have changed. Six interest-rate cuts totaling 275 basis points have gone into stirring the markets, the economy or both from their excess-induced torpor, and six months after the regime began neither are any better off. Not that we should necessarily blame Greenspan for failing to surgically remove the "cycle" from business cycle without touching the "business" - considering how hard we partied, this hangover really isn't so bad. But as hindsight-aided criticism mounts that Greenspan not only let the fire burn too hot during the boom but threw too much water on it when he decided...