Word: rollered
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...fortunes of Six Flags, the country's largest regional theme-park operator, have fallen more steeply than its roller coasters. It's not that the company's 20 parks across North America are all that bad. The management team has worked hard to give the facilities a makeover and offer more family-friendly options. Attendance and revenues actually rose in 2008, despite the onset of the recession and high gas prices last summer. But the company's crippling $2.4 billion debt load led to a $135 million loss last year. Six Flags was $141 million...
...front and center. Now he has more of a supporting role. In the new ads, Mr. Six rates the fun of various activities on a scale of 1 to 6 flags. Throwing a baseball at your dad's crotch? "Two flags," Mr. Six chirps. Riding a Six Flags roller coaster? "Six flags," Mr. Six tells us in a voice that sounds like a cooing father on speed. "More flags, more fun." (Read "Advice from an Economist...
...need more - not fewer - oil traders. After a roller-coaster ride that has sent oil prices from a record high of $147 per bbl. last July to below $35 in December and back to around $60, there has been a clamor to clamp down on speculators - those investors who trade oil but don't ultimately supply it or use it (the way airlines do, for instance). The economic disruption caused by oil's volatility has been so vexing that the Obama Administration believes it can stabilize prices by regulating speculators out of the market...
...even generosity is recession-proof. According to Giving USA Foundation, charitable giving dropped 5.7% in inflation-adjusted dollars last year--the worst plunge in 50 years. Given the roller-coaster stock market and rising unemployment, however, some experts expressed surprise that the fall wasn't more precipitous...
...that featured a number of team struggles for Harvard (5-12, 2-3 Ivy), its all-star captains led a three-man charge to the championships—with sophomore Corey Jantzen completing the trio—finishing 41st in the nation to notch a positive conclusion to a roller-coaster season. “We had our ups and downs, but that’s been the story since I got here,” O’Connor said. “With injuries, we don’t have the depth that other teams have...