Word: marketization
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Dates: during 1990-1999
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...Fernandez Fish Market, a crumblingshanty with peeling white paint, some of thefreshest smelling fish is sold at reasonableprices...
Singleton says the practice has since stopped,but the quality of the food is still superior toany in a Star Market deli...
Meanwhile, the pace of corporate stock buybacks is slowing. In the first quarter, companies announced plans to repurchase $39 billion of their own stock, down from $52 billion during the same period last year. At the same time, companies are flooding the market with new stock: $34 billion in the first quarter, vs. $28 billion last year, according to Charles Biderman, president of Liquidity Trim Tabs, an investment newsletter. Buying less, selling more...
...similar fashion, companies now include hefty sums of stock options in the pay of an array of employees. Sure, it's what the people want. But technically, the company is selling. Biderman estimates there are $1 trillion worth of unexercised stock options out there, a staggering sum for the market to absorb when those execs cash...
...knows how much it cost Microsoft nemesis Netscape to convince the infamously conservative author of the free-market classic The Antitrust Paradox that Bill Gates is in fact guilty of violating a set of laws that Bork hitherto regarded as contradictory at best and destructive at worst. But as hostilities flare between the software titan and its many foes (the Justice Department, the House and Senate judiciary committees and a flock of state attorneys general are all scrutinizing Microsoft's monopoly power), both sides are hiring whomever it takes to win over public opinion, and price appears...