Word: five
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Dates: during 2000-2009
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...structure won't hurt these firms' ability to retain top talent. Wall Streeters love to let it ride. The question is whether more people hell-bent on boosting their stock price will produce a better outcome for the economy as a whole. What Feinberg is likely to find after five months of studying executive comp is that there is no great way to pay people gobs of money. The superrich have relatively less at stake and more reason to gamble than...
...ominous discovery - the result of Boero's request that all Italians report their jellyfish sightings - came during a series of unusually prolific jellyfish seasons ? over the past five years. This summer, jellyfish outbreaks forced numerous resorts along the Mediterranean coast to shut their beaches. In Corsica and Tuscany, several swimmers were wounded by Portuguese man-of-wars, jellyfish-like creatures with a potentially fatal sting. In Tunisia, a swarm of jellyfish engulfed a fish farm, killing the year's production of sea bass and sea bream...
...have been warning about confusing economic activity with wellbeing ever since the economist Simon Kuznets devised a way to measure that activity at the end of the Great Depression. Kuznets himself warned that "the welfare of a nation can ... scarcely be inferred from a measure of national income." Seventy-five years on, GDP feels like an idea whose time has finally passed. "GDP measures, in a certain sense, how much stuff we can produce that we can drop on an enemy," Alan Krueger - now a top-ranked economist in the Obama Administration - said at the Organization for Economic Cooperation...
Prosecutors in Manhattan said they broke up a major insider-trading ring, the largest ever centered in the hedge-fund industry. Raj Rajaratnam, a billionaire co-founder of the Galleon Group, and five others were arrested and charged with earning $20 million off stock trades on the basis of information unavailable to the public. Rajaratnam, whose firm manages $3.7 billion, allegedly relied on a broad network of sources, including executives at IBM and McKinsey & Co., for lucrative tips; one leak about a Google earnings report yielded his firm $8 million in profits in 2007, authorities said. The investigation...
...been during training, and 5,000 yards turned out to be too far. Twenty-seven of the 32 DD Shermans sank. (You can hear Tom Hanks yelling about this in the opening scene of Saving Private Ryan: "We got no DD tanks on the beach!") Of the five tanks that survived, three made it because their launching mechanisms had jammed and they were dropped directly onshore. In all, 33 men drowned. (See pictures of World War II movies...