Word: scenario
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Dates: during 1990-1999
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...only thing he had to fear was fear itself. Billionaire financier Edmond J. Safra died because he was poisoned by the same conspiracy theories that consumed the media in the days following his death. The most commonly discussed scenario in Safra's fiery death had the Russian mob settling a vendetta against the banker for blowing the whistle on money laundering schemes. It turns out this whodunit had a more ordinary culprit: the nurse...
...money into the most sophisticated campaign organization in state history. "No question," says Iowa G.O.P. chairman Kayne Robinson, "Forbes is going to turn out a lot of people on caucus night." A loss or a weak victory in Iowa, followed by a McCain upset in New Hampshire, is the scenario that keeps Bush's team up at night...
...time. Half of all Americans came to own stocks in the '90s, an all-time high. Here's another gem: "The explosive coming of age of Japanese consumers, central European producers and Latin American governments lowered U.S. successes to second-tier status," the report reads. Well, whiff again. That scenario may develop in the next 10 years, but it doesn't come close to describing the decade in question...
That's the kind of news the market likes to hear. The Labor Department Friday sent the Dow scooting up 300 points to a record 11,340 and NASDAQ blasting up to 3,500 for the first time. The impetus was an unemployment report that contained the best possible scenario for Wall street - continued healthy job growth but no sign of wage inflation. "In investor psychology, the unemployment figures are the most important of all economic indicators," says TIME senior business writer Bernard Baumohl. "It indicates both the strength of the economy and the potential for inflation, and Friday...
...charges are not ultimately dropped, Averell could face "a relatively minor fine, if anything. In the worst case scenario, this will be considered an extremely minor infraction," Cronan said...