Word: financeseated
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The utility industry used to be the place widows and retirees invested their savings for steady dividend payouts and slow appreciation. That, of course, was before Enron--and before a recession and mild winter that crimped the demand for power. Since last October, investors have fled not only from the...
Both Simons and Almquist encourage stressed-out Harvard students to come down to meditate or pray in the chapel alone or with the monks, or to spend a night in the guest house. There is a suggested donation for a guest room (the reduced rate for students is $25), but...
Messier often points out that Vivendi made its revenue targets last year, and hit its earnings predictions--before those big charges. But this is the Enron Era. Big companies with complex finances and fuzzy growth prospects won't be getting a warm welcome from shareholders, no matter how big a...
It's a messy, regional cold war, with a distinctive dash of South Asian paranoia?and grudging respect. Nobody speaks more highly of the ISI than counterparts in RAW, and vice versa. In New Delhi, one RAW officer praises the ISI's soldierly "aggression" and reckons his own organization is...
G E R M A N Y The end of Dialogue To many, Germany is an oasis of labor peace. Between 1990 and 1998, the country lost just 13 working days per 1,000 workers annually because of strikes. In the U.K. the figure was 32, while France lost 87...