Word: flushing
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...half-point, off the short-term interest rate that is the Fed's raison d'etre. Theoretically, Fed cuts take 6-18 months to work their magic in the economy (though the stock market "wealth effect" has in recent years been credited with speeding that up). If consumers, flush with mortgage-refinancing cash and a hard-earned cynicism about the market's ups and downs, are going to carry us through, does Greenspan really want to plant an inflationary time bomb that could go off next winter, just when things are likeliest to pick up on their...
...biographies. Suppose Nixon had been raised by a mother more along the lines of, say, Winston Churchill's - Jennie Randolph, no saint but a fairly negligent absentee? Would that have made Nixon Churchillian? Suppose, at the other extreme, that Nixon had been dealt the hand (a straight flush) of little Franklin Roosevelt. Suppose Nixon had grown up - not in his bleakly struggling Whittier, California, with the gas station and the saint and the angry, punitive Dad - but as a darling of the Hudson River gentry, doted upon as an only child by an aging gentleman father and by a mother...
WebMD's strategy might ultimately force a consolidation within the industry. Most e-scription start-ups, once flush with venture capital, are on the block, looking to be acquired or to align with bigger fish that can offer womb-to-tomb IT solutions. IBM's new venture will probably be a buyer, and Allscripts already has a deal with IDX, whose own back-office, practice-management system is used by more than 100,00 doctors. "This whole industry is so fragmented," says Wygod. "In order to make it more efficient, you can't have so many different players." Wygod just...
...seemed until last summer when London’s Royal National Theatre opened a new production of Hamlet starring Simon Russell Beale. I had the privilege of watching the show while it was still in previews, sitting flush with the right-hand wall in the very last row of the balcony. It was probably the worst seat I have ever had in a theater, but it was undeniably one of the most incredible theatrical experiences of my life. Charles Spencer of London’s Daily Telograph said that Beale’s was a performance...
...saved $5.9 million. The payroll system has saved $700,000 more in staffing expenses. And Bollinger has identified an additional $450,000 in savings throughout the company attributable to the new software. Total savings: $7.05 million. Not bad for a $3 million investment. Bollinger spent the money during flush times, but CFO Michael Ellis says he would do the same thing today. And plenty of other companies are following his lead...