Word: marching
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Dates: during 2000-2009
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Google reported revenues of $5.51 billion for the quarter ending March 31, 2009, an increase of 6% compared to the first quarter of 2008. It is important to remember that the economy was considered to be in reasonable shape a year ago so Google's results in the period were based on a relatively robust business environment. Even with a collapse in the overall economy Google's results barely changed. The DJIA was 60% higher than it is now. Google's share price was only 15% higher. The market's perception of Google's prospects has changed very little...
...question of the week. Just a few months after the near meltdown of the financial system, Citi, JPMorgan Chase and Goldman Sachs all reported billion-dollar-plus profits for the quarter ending March 31. Wells Fargo, which won't be releasing its earnings numbers until next week, preannounced on April 9 that it made about $3 billion - a record for the firm. (See pictures of the dangers of printing money...
...from conventional banks. Now much of that shadow banking system is gone, and the surviving banks - battered as they may be - are gaining market share in everything from mortgage lending to investment banking. As Wells Fargo shareholder and Goldman Sachs bondholder Warren Buffett put it on CNBC in early March, "This is a great time to be in banking, you know, if you just get past the past...
...year-old former student and victim of rape wept while recounting what happened to her during a Lifesteps seminar. Jane, who asked not to be identified by her real name, left the school in March. "They had me dress up as a French maid," she said, describing an outfit that included fishnet stockings and a short skirt. "I had to sit on guys' laps and give them lap dances," while sexually suggestive songs, like "Milkshake" by Kelis, played at high volume...
...says she's seen teens being made to run in the snow without adequate footwear and to move rocks back and forth, apparently as discipline. "Every single kid has told me something horrifying," she says, adding that students who spoke with her independently corroborated one another. In mid-March, Owren went to the authorities, prompting the current state investigation...