Word: lynches
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Dates: during 1990-1999
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...people do. It's been a lousy stock for many years, and one reason is that the top players have siphoned off the profits. It used to be that all the major investment banks were private partnerships a la Goldman Sachs, but others besides Salomon (such as Merrill Lynch, Morgan Stanley and Bear Stearns) have gone public. Morgan Stanley's shares have tripled in value in less than 10 years, but the other two have turned in a mediocre performance, and the bonus system is partly to blame...
...Attorney's office intervened by way of complaint," Middlesex Co. Assistant District Attorney Adrienne C. Lynch, the original prosecutor for the case, said last week. "The cases regarding the defendants are in federal district court...
...While each were [at first] charged with state offenses, the Feds took over jurisdiction of the case," Lynch said...
Although the state charges carried the possibility of life imprisonment, the federal offenses fall under some mandatory sentencing guidelines, according to Lynch...
...companies buying back their own shares--$50 billion worth in the past five years, according to Birinyi Associates. They are spending all this money for one reason: reducing the supply of stock will make the price go up. Charlie Clough, the chief investment strategist at Merrill Lynch, even thinks the fall of the dollar will help the Dow reach 5000. He sees Wall Street as a Mexico for Japanese and German investors. Already, foreign buyers have begun to scoop up U.S. assets on the cheap, hence the Zurich Insurance Group's bid for Kemper last week...