Word: fallen
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...behalf of the company, but if there were ever a chairman who courted that fate, it is Lay. Last week he put three properties in Aspen up for sale, for $16 million, and huddled with his lawyers in preparation for congressional hearings next month. Few in business have ever fallen so far so fast: the man who once could raise Cabinet officials with a single telephone call and rated the only one-on-one meeting with the Vice President on energy policy last year can't show his face in Houston for fear of reprisals...
Business writer DANIEL KADLEC once again dives into the stirring political and financial tale of Kenneth Lay, Arthur Andersen and the fallen Texas energy-trading giant known as Enron. Talk to Dan about one of the largest and most spectacular corporate collapses in U.S. history and what it will mean for shareholders, politicians and Enron execs, on Wednesday...
...public-health system that had become the envy of the world has fallen into disrepair. The drive to lower health care costs and the reforms of managed care have taken their toll. Government laboratories are running out of funding and equipment; emergency rooms are running out of staff and beds; emergency-preparedness plans have become moldy and outdated. Many of the labs at the Centers for Disease Control and Prevention are crumbling, a fact that outgoing Surgeon General David Satcher believes Americans should consider "a national disgrace...
...behalf of the company, but if there were ever a chairman who courted that fate, it is Lay. Last week he put three properties in Aspen up for sale, for $16 million, and huddled with his lawyers in preparation for congressional hearings next month. Few in business have ever fallen so far so fast: the man who once could raise Cabinet officials with a single telephone call and rated the only one-on-one meeting with the Vice President on energy policy last year can't show his face in Houston for fear of reprisals...
...sparked a 400% Apple-stock surge during the next two years, and has sold more than 6 million units. It was also Jobs' first home run since his return to the company the previous year after 12 years in exile. Now that Apple's stock has fallen back to earth and retail stores are clamoring for something new to stimulate sales, Jobs needs to swing for the fences again...