Word: shrunk
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Dates: during 2000-2009
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...announced he was dropping out of the race for his seat, citing persistent accusations of ethics violations, including charges that he took improper gifts from contributors. Then, his would-be replacements signaled they had no interest in taking the reins. By Tuesday morning, the ranks of possible candidates had shrunk dramatically. U.S. Rep. Robert Menendez, the presumed front-runner, told party elders he wasn't interested, saying he prefers to stay in the House where his clout is more assured. Former Senator (and one-time presidential candidate) Bill Bradley isn't answering his phone and no one has heard from...
...Kitty Hawk recently failed an engineering assessment and earlier this year in Singapore struck a buoy while Hejl was at the helm. The dismissal of a carrier captain is rare, but with U.S. forces fighting the war on terrorism, the margin of error for those in charge has shrunk...
Even as WorldCom's future kept looking rosier to Grubman (see chart), its balance sheet, its "now," was imploding. At the end of 1999, the company claimed $10.3 billion in current assets and $30.3 billion in current liabilities and long-term debt. By year-end 2001, current assets had shrunk to $9.2 billion, while current and long-term debt had swollen to $39.2 billion. Graham liked companies whose current assets were at least twice their current liabilities. This measure, called the current ratio, tells you the working-capital cushion a company has at its disposal. Graham also believed that long...
...with an annual retirement income of, conservatively, $70,000. You could have figured on retiring in 2011 at the age of 49 simply by contributing the maximum to your 401(k) and socking everything into stock funds growing 18% a year. Today that $100,000 in stocks has probably shrunk to $56,000, or considerably less if you were heavy in tech. And you're two years older. You have lost more than money; you have lost time. And the only thing compounding at 18% a year these days is the frequency of your anxiety attacks. At this point...
...cnbc and now takes longer walks with his wife because he knows he has to stay in shape--he'll be working more years than he had thought. Fully one-third of Americans between 50 and 64 said they had decided to delay their retirement because their assets had shrunk in the market--and that was back in February. "There's no doubt there are more now," says G.O.P. pollster Frank Luntz. "They saw their retirement in the near future, and they watched it move away from them...