Word: maestro
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...maestro could, he probably would nudge long rates lower, though not by a lot. Long rates are where the leverage is. Cut them too much, and you risk putting so much buying power in people's hands that inflation kicks up disastrously. Which is why it is best to leave long rates in the hands of the market, where a collective judgment is better than any one person...
...More ? So the party runs a risk. When Jiang climbed the rostrum over Tiananmen Square for his maestro performance, he forever linked his party with the Olympics. The flip side of that joyous celebration in the capital last week is that Chinese could blame their leaders if they blow the Games. That has raised expectations that the government may modify its behavior to ensure success?and its own survival...
...named Nepal's virgin goddess?gets a third eye, a chariot and is revered by thousands. What, no decoder ring? Losers ROWAN ATKINSON Mr. Bean creator crashes his Aston Martin into a wall. Sits with a disconsolate expression wondering when Harrison Ford will show up BORIS BECKER Tennis maestro must pay child support after siring a child in a Japanese restaurant broom-closet with a model. What was in that sashimi? VLAD DRACUL PRINCE KRETZULESCO Transylvanian royal loses suit against firm selling Dracula wine. His case against Kretzulesco Fish Fingers was also dismissed...
...They kick up fusses. They have to be convinced. Greenspan does have to twist the occasional arm. (If gossip like this turns you on, try Bob Woodward's "Maestro.") In little ways, and at crucial times, they matter. Witness the excited financial-page murmuring that accompanied the release of the minutes of the May 15 meeting, which revealed that Kansas City Fed Bank President Thomas Hoenig, fearing inflation, bucked Big Green for the first time in two years and voted for a quarter-point cut. (The regional presidents, not seeing Greenspan as often, do tend to be a bit more...
...diminutive Gaul who gets loaded on magic potion before beating the daylights out of Caesar's invading legions. In real life, Rome gave France the grape, whose sophisticated cultivation the French now claim as one of their crowning contributions to civilization. Recently, anti-globalization maestro José Bové has adopted Astérix's moustache along with his approach to foreign policy - with U.S. multinationals taking the place of the Roman army. That comic-book reading of 21st century economics prevailed last month in southern France, when Robert Mondavi Corp. abandoned plans to produce wine in the village...