Word: packers
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Born in Boone, Iowa, Mamie seemed destined for a quiet life. Though she attended finishing school, she persuaded her father, a prosperous meat packer, not to send her to college. While wintering in Texas in 1915, she met Ike, then an Army second lieutenant. Nine months later, the pair were married. For an Army wife, there was never a permanent home. "I have kept house in everything but an igloo," Mamie once said. "I long to unpack my furniture some place and stay forever." Their first child, Doud Dwight, died at three of scarlet fever. A second son, John...
Lately, every movie with a strong leading man has a Diane Keaton counterpart, a woman who stand three inches taller and carries a superwoman image. In Justice Christine Lahti is Gail Packer, a three-piece-suited lawyer who believes she's doing her part for humanity by serving on an ethics committee that investigates lawyers...
...Packer: What powers...
...Packer: No, I don't. Tell...
This was accomplished by replacing two of the stodgier performers, Chrysler and Esmark (formerly Swift & Co., the meat packer), with glamorous Merck & Co. and IBM, which is the market's most popular growth stock. Their inclusion reflects the rising importance of technology and drug companies in the economy and stands to make the Dow somewhat more volatile. Both companies' shares have risen substantially in value over the past two decades (Merck has more than tripled, IBM has quintupled), and relatively high-priced stocks usually have sharper swing than do lower-priced ones. Had IBM and Merck replaced Chrysler...