Word: interesting
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Dates: during 2000-2009
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...Google (GOOG) fired a very small number of people last year. If the company wants to control personnel costs, it can simply stop hiring. Google has been adding employees at a dizzying rate for four years. Google, like Apple, has a tremendous interest in keeping its R&D, marketing, product development, and engineering projects going forward as rivals like Microsoft (MSFT) and Yahoo! (YHOO) falter. Google has a chance to pick up market share from both companies and improve its competitive position against Microsoft in the PC application business. It can significantly improve its edge by putting money into initiatives...
...many of the same limitations apply to this part of the plan. Only interest payments will be lower, not principal balances. Homeowners who owe more than 105% of the value of their house - as is often the case in the worst-hit areas of the country - will be ineligible. And holders of jumbo loans need not apply. Again, that might reflect a sense of fairness - why should we help people who stretched beyond their means to buy McMansions? - but it ignores the facts that the delinquency rate among jumbo loans is spiking and that a foreclosed property hurts the value...
...given all the worrisome economic news and negative market momentum, what would it take to turn a market bullish? Says Roth: "I'd become more bullish if I saw traders get very bearish and sell out, taking short interest much higher relative to volume." Beyond that sort of investor capitulation he'd also become more bullish, he says, if there were a big drop in long-term interest rates, especially in corporate bonds, which could prompt investors to shift their focus to stocks. At the moment, he says, it's a waiting game...
Dubbed "Pitbull" on account of his fearlessness as a freestyle motocross rider, Jeremy Lusk, 24, whose interest in motorcycles began when he was 3, died after sustaining head injuries during a backflip fall...
This is not a step to be taken lightly. We need to see whether there is interest for this in Congress and the new Administration. We need to work through concerns about classified information and claims of Executive privilege. Most of all, we need to see whether the American people are ready to take this path...