Word: replays
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America's '80s buyout phase mostly bypassed Europe. The main reason: there were fewer European public companies then. It took the IPO movement of the '90s to make going private possible. But what's happening now is no replay of '80s America, Wright insists. That era was marked by hostile bids and huge, massively leveraged deals often financed with high-risk, low-investment-grade junk bonds. Today's deals are rarely hostile, and debt levels are more manageable. Today's mantra is "buy and build." Once a company has been taken private, the idea is to build...
...just not good enough. She revamped her training program, settled in Denmark and hired former world canoe champion Christian Frederiksen as her coach. (He also was for a time her lover.) Brunet captured silver at Atlanta in 1996, losing by 0.2 sec. She thought silver was O.K. until the replay showed how close she was to gold. "That made it worse," she says, "Even now it bothers...
...stocks quickly bolted and kept rising--up 19% in the first six months and 36% for the full year. "The key was getting the Fed off the brakes as inflation expectations went south," says Thomas Galvin, chief investment officer at Donaldson, Lufkin & Jenrette. Galvin is counting on stocks to replay their 1995-96 scenario. So he figures investors should put their money in the same sectors that did best then: health care and technology...
...These characters are often crushed by the burden of glamour, but the film isn't. It wears its gravity with a buoyant ease, seeing through walls, magically turning statues into people. It shows Marcel, as a child, watching himself as a young man--just as we all hit the replay button on our lives. Like the turn-of-the-20th-century fantasy films of Georges Melies, Time Regained reminds you that all cinema is a clever trick of the light...
Watching the constant replay of the raid on the networks, the staff members back in Reno's office were troubled at the image of the child cowering in the closet and crying in the agent's arms--but they had no regrets. "It was a very sad thing to see," said Deputy Attorney General Eric Holder. "I was disappointed that people who indicated they cared most for the boy were unable to do the simple things that would have prevented what happened from occurring...