Word: fallen
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...rare for an officer involved in an accident at sea. But with feelings running high in Japan, Waddle is fearful he could be "sacrificed" to maintain good relations with the U.S.'s most important military ally in the Pacific. "He did his level best," said Gittins. "He may have fallen short on that day, but it wasn't criminal." Waddle's private hell is still far from over...
...Frist amendment had been tabled, though the issue probably hadn't gone away, and senators took some time to remember a fallen ex-colleague. McConnell whipped out a chart that demonstrated how bad the brave new McCain Feingold world was going to be for Democrats. And then more amendments started coming; the final vote seemed far away...
...start with some comforting news: a lot of stocks are doing well. Despite awful headlines and a palpable fear, the average diversified stock fund has fallen a manageable 13% in the past year. Meanwhile, if you owned Philip Morris, Duke Energy and Ralston Purina in that period, you made money. Good money. Of course, those stocks killed you the two years before that, so nobody really loaded up with them. Still, it's a mistake to assume that everyone is losing his shirt in this bear market...
...this tea-leaf reading, and no one knows for sure if we will actually get a recession. One thing we do know: stocks are in their worst rout in two decades. The Dow's all-time high of 11,723 came on Jan. 14, 2000, and it has since fallen 16%. That's nothing compared with the 25% decline since last March in the more tech-exposed S&P 500. The tech-laden NASDAQ has plunged 63% since its peak a year ago, the worst drubbing for a major stock index since the Depression...
...results have been plunging profits, mass layoffs and imploding stock values for companies that had been NASDAQ supernovas and among the chief reasons for the stock market's rise. At BlueStone Capital Securities, an index of 13 fiber-optic heavyweights that includes Lucent, Cisco, Nortel and JDS Uniphase has fallen 78% since last July, a plunge that has cost investors more than $1.1 trillion in market value. The percentage decline exceeds the drop for NASDAQ as a whole, which fell 51% over the same stretch...