Word: sided
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Dates: during 1990-1999
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Such a relief. In a test of wills in which one side had all the weapons but both underestimated the other's staying power, Milosevic cracked first. The chilling spectacle of NATO slamming 20,000 bombs and missiles into Yugoslavia can come to a merciful end. Bill Clinton proves--again--to be the luckiest President alive. At nearly the exact moment that Clinton gathered the Joint Chiefs to confront the unpalatable implications of a ground war to salvage the stalemated air campaign, Milosevic handed him victory...
...will take a long while to get over the insult of errant bombs dropping on its Belgrade embassy, and lingering resentment could hamper the peace plan as it moves into the U.N. Security Council. Washington feels heartened that it managed to draw an angry Russia back to NATO's side. Moscow, says a senior French official, "made a difficult and courageous choice" in choosing pragmatic cooperation with the West over emotional solidarity with Serbia. Though Chernomyrdin is reviled at home for kowtowing to the West, Russian diplomacy gained considerable credibility in allied capitals, where officials hope the process will strengthen...
...Once the narrow bull market calms down, or broadens to include harder-to-choose value and small-cap stocks (as it appears to have done of late), Nachmany and others argue, investors will rush back to the relative safety of a diversified mutual fund. "Investors have abandoned the risk side of the equation, but it's not sustainable," says Greg Johnson, president of Franklin Templeton Distributors, a $155 billion fund family that has lost $7 billion of cash this year as investors fled its faltering value and international funds. "There are more than 10 good ideas for investing...
They may soon have no jobs at all. Some observers think that within a decade, more than half the 600 fund companies could disappear, as outfits with less than $50 billion in assets become ripe for the picking. With the big boys dominating the highly profitable institutional side of the business--401(k)s and other retirement plans--and much of the growth now coming from market appreciation, it will be hard for a second-tier player to shine...
There has never been much love lost between geeks and G-men. But after a big software-piracy crackdown in 1990 generated more bad publicity than convictions, the feds have largely held their fire. The most famous exception is Kevin Mitnick, the "dark side" hacker who became a cybermartyr after languishing in jail for four years without trial. Mitnick eventually copped a plea; he is set to be sentenced next Monday...