Word: morgan
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...People are really willing to [babysit] here, if someone's unable to take care of themselves," says Maggie J. Morgan...
...They slashed their inventories and their payrolls, and now many are even beating Wall Street's (much lowered) expectations. That's great, but listen for a moment to Morgan Stanley chief economist Stephen Roach. "Five of the last six U.S. recessions have had a double dip, in which we've seemed to come into a recovery and then had a relapse," he says. "It takes that second dip to purge the economy of excesses...
Today "the whole industry is on the brink of consolidation," says Kevin Murphy, an airline analyst for Morgan Stanley Dean Witter. "Clearly we're going to go from six major carriers to three, and that will be the story of 2001." If that forecast proves accurate, weary travelers had better enjoy today's service, because the prospects for improvement aren't getting any better...
...chose W. as your person of the year for his potential, not for the impact he has had on the past year's events. You changed the rules. LYNNE MORGAN Nashville, Tenn...
...city in the past 10 years, while Shanghai's gross domestic product has grown at an average of 10% a year, compared with 3.7% average growth for Hong Kong. "Hong Kong was never really a gateway to China; it was a window," says Andy Xie, executive director of Morgan Stanley Dean Witter in Hong Kong. "But why would you want to go through the window when the door is wide open...