Word: peak
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Dates: during 2000-2009
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...folks fleeced by Ebbers & Co., the penalties brought a measure of satisfaction. WorldCom's 2002 bankruptcy wiped out stock worth $180 billion at its peak. Employees like Bryant who had much of their retirement savings in company stock saw their investments wiped out. Bryant's stake dwindled from $39,000 to $4,000. (It's scant solace that WorldCom emerged from bankruptcy under the less tainted name of MCI, now a takeover target likely to fetch upwards of $8 billion from Qwest or Verizon.) WorldCom bond investors had a second reason to cheer when J.P. Morgan Chase agreed last week...
Mention mountain climbing, and most people envisage an exhausting clamber up sheer rock faces or dangling from a nylon rope in all weathers. That's absolutely true of some peaks, but Asia also offers less taxing alternatives. You don't need a Sherpa's lungs to scale some of the region's best-loved mountains, and you can get to the foot of many of them by public transport. Some even have comfortable trailhead accommodation. Preclimb points to remember: carry plenty of drinking water to ward off dehydration at higher altitudes; pack warm, waterproof gear; take it easy...
...much a 20th century beast: caffeinated, electrified, car and money and baseball crazy, with subways rumbling in its bowels and skyscrapers sprouting from its scalp. Kelly's hero, a good-natured Irishman named Michael Briody, is busy riveting together the skeleton of the Empire State Building, which at the peak of construction grew by a floor a day. Kelly devotes some great kinetic prose to his labors: "Briody steadied his legs and back and torso and arms and clenched his jaw against the rattle of the pneumatic gun. His muscles were fluid one second with movement, static the next...
...within three to five years the gas will be gone. Meanwhile, a growing economy is gobbling up power - 2.5% more of it each year - and making the national grid feel its age. Power lines into Auckland, where almost one-third of New Zealanders now live, can barely handle peak loads. At a national electricity summit two weeks ago, industry leaders warned that if action isn't taken soon, supplies could run short or the grid give way within five years. "We don't have much reserve margin," says Alex Sundakov, of energy consultancy Castalia. "We are flying by the seat...
...defense, far from peak performance, was more compact than the night before, but junior goaltender Ali Boe lost the shutout bid on an unassisted power-play goal by Christine Bailkowski early in the final period...