Word: marketization
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Dates: during 1990-1999
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...heyday of the Coop's own card, it was difficult for most college students to obtain credit cards because of their ages and lack of credit ratings. But with the advent of aggressive credit companies eager to snap up students as customers, the Coop faced a shift in the market...
...helping thousands of other students find jobs of their own. Wellie W. Chao '98 designed and implemented an on-line web application called eRecruiting.com that cuts out a vast amount of paperwork and eases the search process for millions of students along the Eastern seaboard entering the job market annually...
...Instead Aldrin prefers a concept that airlines using wide-body planes embraced long ago: carry lots of people at once and drive down the per-passenger cost. To get such an orbital airbus flying, he founded ShareSpace, a nonprofit company designed to help fund and promote mass-market space travel. ShareSpace's vision for cosmic tourism includes Earth-orbiting ships carrying as many as 100 people and clusters of modules that could act as orbiting hotels. "All we have to do," Aldrin says, "is use existing rocket technology and wrap an airplane around...
Hardly a day goes by when some Wall Street analyst doesn't knock the oil-services industry. These companies, which help the oil giants explore and drill for crude and natural gas, were market darlings from 1995 to 1997, but now have more detractors than anything west of Indonesia. Though many oil-service firms are already trading near two-year lows, analysts' earnings estimates for them will soon be revised further downward. No brokerage will want the likes of Halliburton or Schlumberger on its "recommended" list. The gloom around these stocks is only deepening. And I am buying them hand...
Commercial passengers also enjoy less protection from toxic smoke than those on corporate planes. After years of study, airlines still balk at installing individual smoke hoods that could provide each passenger with up to 30 min. of clean air. (Market leader Essex PB&R Corp. of Edwardsville, Ill., offers eight different versions at prices ranging from $160 to $750.) Nor has the FAA mandated hoods for passengers, although crews of commercial airlines have them. The airlines and FAA argue that smoke hoods could make it more difficult for passengers to evacuate a plane. Of course, that can also be difficult...