Word: karle
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Dates: during 2000-2009
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Most people would forget that exchange before they got out of the cab. But Zandi, 49, stores conversations like these for future use in congressional briefings and spots on CNBC. As the public face of Economy.com - an economic-forecasting company that he started with his brother Karl and a third partner in 1990 and sold to Moody's in 2005 for $27 million - Zandi has the job of predicting the economic future and explaining the tumultuous present to clients that range from Wall Street investors and sovereign wealth funds to staffers from the Commerce and Treasury departments...
...This article contains a table. Please see hardcopy of magazine or PDF.] OLD LUXURY NEW LUXURY Dubai Shanghai Thomas Keller's Per Se Bobby Flay's Bobby's Burger Palace Bugatti Veyron Fbg par Hermčs Prada Hyundai Genesis Valentino's Gstaad chalet Karl Lagerfeld's Vermont hideaway Nancy Gonzalez crocodile tote Tod's neoprene Pashmy Art Basel scoutingforart.com Alexander McQueen ready-to-wear McQ Alexander McQueen for Target DayJet's Eclipse500 air taxi service JetBlue's new terminal at J.F.K. International Airport Invitation-only Yellowstone Club resort 5-star Wynn Las Vegas offering $109/night specials Cr?...
...This whole crisis is like a big spring housecleaning?both moral and physical?bling is over. Red carpetry covered with rhinestones is out. I call it the "new modesty."' ?Karl Lagerfeld, designer...
...positive take, if you can call it that, is that we're in a "rolling recession," as Kurt Karl, chief U.S. economist at insurer Swiss Re, said in a note to clients. "First the housing market tanked, then consumer spending plummeted, now business investment is nose-diving." Hey, at least it didn't all happen at once! Peter Morici, an economist at the University of Maryland's Smith School of Business, offered a gloomy scenario: "Lacking confidence that the demand for what Americans make and sell will recover significantly anytime soon, businesses are girding for a long siege - slashing employment...
...Afghanistan, however, is far away from the North Atlantic region where NATO pledged to keep the peace, and the Alliance is staking its credibility on a war in which Western forces are struggling. "The Taliban does not accept defeat, so how can you win?" says Karl-Heinz Kamp, director of the research division of the NATO Defense College in Rome, which trains all ranking NATO officials and diplomats. "NATO might not be able to lose or win in a classic military way," he adds...