Word: highs
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Dates: during 2000-2009
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Some parts of raised expectations are plainly good. We expect to live well into our 80s because medicine keeps getting better. Many more high school students expect to go to college. In 1973, 47% of recent high school graduates attended college; last year 69% of new graduates enrolled. We expect our gadgets to get smaller and smarter, cooler and cheaper, because technology evolves exponentially, and at light speed. (See how to plan for retirement...
...correspondents and at his best when describing the fall of Lehman. It's the key battle, in a sense, since Lehman was a major force behind the subprime-mortgage bonds that were the culprits in the collapse. Gasparino is particularly good at capturing--via the profane, telling quote--the high-noon drama of the meltdown. When Morgan Stanley CEO John Mack tells Lehman boss Dick Fuld, "There are rumors that you guys are in trouble," Fuld, the "Gorilla of Wall Street," answers with tough-guy bravado, "It's bullshit." Lehman's stock price was soon in free fall...
Despite these relatively high prices, Green Apple has found a niche among the more environmentally sensitive citizens of New York and New Jersey. Before Kistner opened his first store, he had 1,000 customers signed up, and today there are three Green Apple Cleaners in the metropolitan area. It may help that Kistner throws in a few green extras, paying customers to return hangers and employing reusable or biodegradable plastic bags. Outside major urban areas like New York, environmentally friendly cleaners can be tougher to find. But the company Green Earth Cleaning has licensed its technology to launderers around...
...Jack Pelton, Cessna's CEO. "Then we will slowly crawl out of this predicament when corporate earnings improve in 2011." The demonization of corporate jets by Congress, prompted initially by the CEOs of the Detroit automakers, has helped kill thousands of jobs. The corporate-aviation market provided 1.2 million high-wage jobs in the U.S. before the financial crisis...
...financing to develop the prototype and created a trust to start product development. "It was a completely novel idea born out of the fact that I didn't want to raise venture capital and lose equity control of the company, nor did I want to have to pay back high-interest loans and executive salaries," Voetmann says. "Honestly, our aim was not to make money but to find a way to help others," says Hamilton...