Word: shifting
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...traders get very bearish and sell out, taking short interest much higher relative to volume." Beyond that sort of investor capitulation he'd also become more bullish, he says, if there were a big drop in long-term interest rates, especially in corporate bonds, which could prompt investors to shift their focus to stocks. At the moment, he says, it's a waiting game...
Rising pay on Wall Street was the biggest single contributor to the shift. "This was all market-oriented," says Kaplan. "Part of the reason you saw such a big increase in pay over time was just an increase in scale." The sums of money managed and size of transactions arranged by Wall Street grew exponentially, starting in the 1980s. So did profits and pay. You can argue that CEO compensation is a rigged game, but on Wall Street, lavish pay packages have never been restricted to the top of the executive ladder. Top-performing investment bankers and traders were paid...
...ordered two more U.S. combat brigades into the fight. He will send 17,000 combat troops to join the 36,000-strong U.S. force already in the theater. The fact that the units now ordered to Afghanistan had originally been slated for Iraq underscores the new Administration's shift in priorities...
...past 30 years since the Soviets invaded, Afghans have become adept at accommodating themselves with the likely winner at any given moment. Right now, the trends are not moving in Washington's favor, and that fact is recognized by the Afghan citizenry. "There's been a major shift towards acceptance of the Taliban," military scholar Anthony Cordesman told a congressional panel last week. He noted that polling in Afghanistan shows "the number of people who feel the United States has performed well in Afghanistan has been cut in half in the last three years," from...
...Between August and December, AirTran continued to shift its flight times, including those of the original flights the Gibsons had booked, which again allowed for sufficient connection time in Atlanta. Unfortunately, the same automated system that moved the family to the earlier flight failed to move them back to their original flight. A rep for AirTran says "there really is no answer" as to why the system didn't respond...