Word: mania
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Dates: during 1990-1999
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...decade in which a bull market and initial public offering mania have made millionaires seem commonplace, we have a financial villain whose outsize chicanery and supersize embezzlement may be a match for our gaudy times. Martin Frankel, 44, a.k.a. David Rosse, a.k.a. Eric Stevens, accused of absconding with as much as $335 million through a bewildering web of insurance companies, bogus investment funds and phony charitable organizations, was, in his own charmingly inept manner, pursuing a twisted but very '90s version of the American Dream...
...fine turn as Nick Leeson, the British futures trader whose fast-and-loose market executions brought down his employer, Barings, the prominent English bank. The film takes a sympathetic view of Leeson, which is fine; the problem is, it never offers a sense of the man behind the mania. What does come through is that Leeson ate a lot of candy during crises. Cadbury wrappers shouldn't be made signifiers of emotional distress...
Disney shareholders could sure use the boost that a Net tracking stock would bring. Weakened home-video sales and a slowdown in merchandise licensing in the midst of Star Wars mania have hurt earnings; Disney stock is down 25% from its 52-week high. High costs for NFL games for ABC and start-ups such as Animal Kingdom and the Disney Cruise Lines have all pinched the bottom line...
...Julius Epstein (co-writer of the film classic Casablanca), the show revolves around a group of Brooklyn single guys in 1929 who pool their money so that Gene, the most ambitious of their band, can make a killing in the stock market. Despite piquant parallels to our own market mania, the story is a pretty standard boy-meets-girl/boy-loses-money trifle. But it's a showcase for a fresh and winning Sondheim score, from the days when he wrote melodies meant to be enjoyed, not deciphered...
...Datesite mania spread around Harvard soon after the site was launched in time for Valentine's Day. Twelve hundred Harvard students--almost a quarter of the College--registered to use Datesite during its first two weeks of operation, and the site quickly produced 175 matches. Baker also said that his site has seen "significant growth" among MIT students...