Word: marketizing
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Dates: during 1990-1999
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This might be the year that the rest of us got smarter than Warren Buffett. America's best-known investing whiz runs Berkshire Hathaway, pals around with Bill Gates and famously shuns tech stocks. Yet tech stocks, the day traders' favorite food, have sustained the market, while Berkshire's A-class stock is down 19% and headed for its first losing year since 1990. By the end of last week, when stocks in general were bruised by fears of inflation and mixed earnings reports, the company had lost $20 billion of market value...
...billion Social Security surplus to pay down the national debt, then use the money from reduced interest payments to restock the retirement fund. And to get Republians to play ball, Clinton's dropping his push to have the government invest 15 percent of the fund in the stock market. That's not much of a concession; Alan Greenspan's gentle but firm rejection of the Clinton plan this spring drew a lot of water, and the little-government GOP was never going to go for a plan that would result in state ownership of private companies and in effect create...
...With Juxtapose, Tricky is positioning himself to appeal to mainstream U.S. hip-hop crowd. It's going to be a tough sell, though: Tricky's hip-hop resembles little else on the market. He's an extraordinarily versatile musician; while he may not always be palatable, he's certainly interesting, and you can't say that he doesn't put on a good show. Avalon unfortunately marred the ending of his show: the lights went up during the second encore, halfway through a terrific rendition of "Vent." Next time, maybe, they'll let him finish...
Mary Kay is a pyramid sales organization, in that if consultants bring in new recruits, they receive two percent of those consultants' sales. But Haynie says she is not planning on recruiting any competitors in the Harvard market...
...Chechnya, terrorism may be in the eyes of the beholder. Russian forces, purportedly on a campaign against Chechen terrorists, fired missiles into a crowded market place and a maternity home in Grozny Thursday, reportedly killing more than 100 civilians. Although Moscow denied that any civilians had died in what it called a strike on an arms depot, Western reporters inside Grozny reported seeing scores of broken bodies strewn across the marketplace and the corpses of a large number of women and babies at the maternity home. The U.S. expressed concern over the civilian casualties, and Prime Minister Vladimir Putin held...