Word: sourly
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...debate over Rosetta Stone's effectiveness has yet to sour the stock. But investors hoping that the stock's success will start an IPO surge - there have only been four offerings this year - might be disappointed. Rosetta Stone worked because it's a profitable company with solid growth prospects and manageable debt. Many IPO hopefuls don't share these traits. "Anyone who thinks that the IPO pipeline will open up is mistaken," says Sweet. "Institutions and retail investors won't even look at the stock if the company it debt-ridden, is losing money, or if sales are lumpy. There...
...politics generates instant support from an angry, vocal minority but is unsettling to the mainstream. Embracing the populist wing of the party worked in the wake of 9/11, but contributed to the electoral disasters of 2006 and 2008. It may take more time for centrist Americans to sour on big government and higher spending than the GOP's activist right wing would like, but true conservatives are patient...
...these 100 days could come to seem an overambitious and naive presage of disaster if the President's financial policies are inadequate to meet the crisis; his budget proposals are gutted by Congress; and his attempts to leave Iraq, fight in Afghanistan and negotiate with the Iranians turn sour. "Those of us who are older and more scarred have to be skeptical about all that Obama is trying to do," says William Galston, a Clinton White House policy adviser. "If he's right, our traditional notion of the limits of the possible - the idea that Washington can only handle...
...Goldman Sachs gambling with government funds? During the first quarter, the investment bank greatly increased the amount of trading risk it takes in the market. Should those wagers go sour, Goldman could lose heavily, and so could taxpayers...
...best and most competitive in the world. "Switzerland's image sells well abroad, and nothing says 'Switzerland' more than chocolate," says Stephane Garelli, director of the World Competitiveness Center at the Institute of Management Development (IMD) in Lausanne, predicting that this comfort food will continue to sweeten the sour economy for months to come...