Word: picchi
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Dates: during 1990-1999
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...business was crunching financial data for agencies like the Social Security Administration. But with welfare reform, more work is opening up for private companies than ever before, setting off a welfare-management gold rush. "It's a huge revenue target for the private sector to go after," says Bernard Picchi, an analyst of growth stocks for Lehman Brothers, who estimates the potential market at more than $20 billion a year. Private firms have also been assigned the kind of front-line, person-to-person tasks they have not had in the past. In Milwaukee, Wis., Maximus has been given traditional...