Word: lynch
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...distrust between the police and the black community, even though the force has become increasingly black," says Scott Johnson, former city manager and current Cincinnati resident. "The problem is, there are no blacks in the upper echelons of the force." To change the police culture, says the Rev. Damon Lynch III, head of the Cincinnati Black United Front, "some people need to be fired. If nothing changes, nothing will change...
...follow. Unemployment was at 6.5% and rising (today it's at 4.3%), and the Dow was hovering around 3000. As Americans recovered from the excesses of the '80s, it seemed they were swearing off materialism and the stressful careers that supported it. Even mutual-fund guru Peter Lynch was downshifting. Lynch had just stepped down as manager of Fidelity's colossal Magellan Fund to spend more time with his wife and three daughters. "I adored my job," Lynch says, checking in from a vacation in the Grenadines. "But I couldn't get away from it. I was missing soccer games...
...graphic accompanying the story on the bankruptcy bill [BUSINESS, March 26], you prominently featured a Merrill Lynch Visa Signature card. Running this graphic with the article, which takes a negative view of the legislation and the "credit-card companies" advocating its passage, was misleading. It gave the impression that Merrill Lynch was somehow involved in crafting or lobbying for the bill, which is untrue. Merrill Lynch took no position on the bill and in no way lobbied for or against it. EDDIE W. REEVES Merrill Lynch Media Relations New York City
...this is the first time the MFA has ever exposed its vast holdings of creative Americana to the public in one tremendous display of pamphlets, audio tours and Merrill Lynch sponsorship. Today, in the eyes of MFA’s curatorial staff, art is and can be anything...
Until recently, few pros would even debate the value of moderate exposure to foreign markets. But a backlash has surfaced. Merrill Lynch, for example, now advises clients that foreign holdings should make up only about 5% of their stock portfolios. More important, the firm contends, is diversification by industry. That has long been a prudent part of portfolio management. But now some say it's the only part you need. If you are in the big global industries--technology, media, consumer cyclicals, health care, energy--you have all the diversification you need, even if all the companies are based...