Word: nasdaq
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Dates: during 2000-2009
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...actually need to get richer to feel richer; even other people's paper profits had a magical effect: Times are good; the Dow is up; let's go to the Sizzler instead of McDonald's, the Seychelles instead of Sarasota. Cabbies turned day traders got crushed when the NASDAQ tanked, but careful investors who did their homework were the luckiest generation ever. Pay $9.95 a trade, buy and hold, and retire...
...culprits of Enron and Tyco, WorldCom and Wall Street are now being described as the largest gang of upper-income banditti since the Ponzi, Insull, bank and bucket shop defendants of the early thirties. The recent peak-to-trough decline of nearly 75% in the tech-heavy Nasdaq also happens to represent the steepest decline in a major stock market index since the Dow Jones Industrial Average fell more than 80% between...
...anybody out there investors can trust? Wall Street was pondering that today as markets were hammered following last night's announcement that WorldCom had inflated profits by a staggering $3.8 billion over the past five quarters. The Dow skidded towards the 9,000 level, while the news pushed the NASDAQ (on which WorldCom trades) to near post-Sept. 11th levels...
...Paolo Cantarella resigned. He was replaced by Paolo Fresco, who learned his management style under Jack Welch at General Electric. No Trade Is An Island Instinet, a unit of British media group Reuters, will buy rival electronic-trading firm Island for $508 million in stock. The deal combines NASDAQ's two biggest rivals. French Attack Shares in MobilCom fell 46% to ?7.25 when France Telecom said it was severing relations with the German phone operator for refusing to dismiss CEO Gerhard Schmid. INDICATORS A Toast With The Most Scotland may not have made it to the World Cup, but they...
...their own thing but together make up an entity of almost unfathomable complexity. Change the word neurons to "six-legged workers," and you'd have an ant colony. Change "ants" to "online buyers and sellers," and you'd have eBay. Change that to "stock traders," and you'd have NASDAQ...