Word: firm
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Dates: during 1990-1999
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...these mid-ether collisions of dollars and expectations are an unlikely team. Greenspan, the data-loving analyst with government roots sunk back into the financial and moral chaos of the Nixon Administration, and a shaman-like power over global markets. Rubin, the Goldman Sachs wonder boy who ran the firm's complex and dangerous arbitrage operations and then led it to rocket-ship international growth. And Summers, the Harvard-trained academic who is invariably called the Kissinger of economics: a total pragmatist whose ambition sometimes grates but whose intellect never fails to dazzle...
...looked hard enough. Ayn Rand told friends, "What I like about A.G. is that basically he has his feet on the ground. I love his love for life on earth. He really is a passionate person in his own quiet way." Greenspan, who ran his own consulting firm on Wall Street for nearly 30 years, could have returned to the private sector and racked up a fortune. But his interest is elsewhere. Says Rubin: "Like all of us, Alan just has a driving interest to see how this will develop...
...million Estimated amount that electronics firm Philips paid to have its name on the new Atlanta Hawks arena--a record for stadium sponsorship...
...million Amount that Ross Perot's wealth increased on the day his computer firm, Perot Systems, went public last week...
Here's the movie pitch: a Princeton professor and two twentysomethings take less than five minutes to outsmart the world's largest software firm. Actually, that's no movie. Late last month government expert ED FELTEN sat down on a sofa in the Justice Department "war room" with two grads from his computer-science program--PETER CREATH, 23, and CHRISTIAN HICKS, 24--and stuck a tape in the VCR. Up came Microsoft's demonstration of how Felten's program to remove Internet Explorer made Windows run slower, important evidence for the defense in the ongoing antitrust suit. Almost immediately...