Word: fiascoes
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NORM STAMPER Seattle police chief quits after WTO fiasco. Picture Barney Fife with a latte
...from slipping. And despite Gore's onslaught, by week's end it was Bradley's campaign--that bastion of honor--that had been forced to apologize for a shrill attack pamphlet it had distributed in New Hampshire. While Bradley's advisers in New Jersey were dealing with that little fiasco and wondering how they had managed to cede Gore the moral high ground, the candidate called them from California with more sobering news. Bradley had to cut short a campaign swing and check into a hospital for treatment of atrial fibrillation (see box). His irregular heartbeat corrected itself...
...total loss, and the catastrophic failure of the Mars Climate Orbiter three months earlier, NASA is fast becoming the Dan Quayle of government agencies. Late-night comics have been roasting it mercilessly, while the Washington Post offered a Top 10 list of NASA excuses for the latest fiasco. (No. 10: Be patient. Mars Lander is trying to dial in on an AOL account.) Some cyberpranksters offered the Polar Lander for sale on eBay and got 16 bids...
...months have produced more market gains than the other nine months combined. And we're at it again. Since Oct. 31, the S&P 500 is up 5.2%, the Dow 5.2%, the NASDAQ composite a heady 19%. Yet many investors are sitting on the sidelines, waiting out the Y2K fiasco. (You know, mayhem that would make Moses proud when computers misread 00 as 1900 on Jan. 1.) Yes, stock prices could unravel if Y2Khaos really occurs, or if anything else for that matter ignites a panic. Can you say higher interest rates? But serious jitters seem a long shot...
Last week's fiasco in Seattle was a disaster for all concerned, tarnishing the image of the city and leaving only broken windows and smashed hopes for a new round of trade accords. The World Trade Organization (WTO) conference there was plagued by overly simplistic approaches on both sides. A wiser process would be able to address labor and environmental concerns while maintaining open global commerce...