Word: spates
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Dates: during 2000-2009
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Mistress Sandy, 25, has been a successful dominatrix for two years. She has a spate of regular customers - 70% of them Chinese, like her - and a reputation as a fierce mistress who will kick and spit you into submission. Raised in Hong Kong, her family doesn't know her occupation. Nor do her three roommates or her boyfriend. "He's traditional Chinese. He wouldn't understand," she says. After high school, she got a job as a secretary at a Hong Kong bank but didn't like it. "I wasn't good at that. I'm good at this...
...things--from an expansive push into international markets to eBay Autos--will need to go right. If eBay does keep growing at its torrid pace, it will amount to more than just the world's leading marketplace. It will stand as convincing evidence that despite the recent spate of bad news, the Internet revolution has changed business once...
GIVE IT UP With tech funds down more than 20% on average, 2000 is a good bet to be the first time in 15 years that the funds lose money. After NASDAQ hit bottom last week, a spate of brokerages issued pleas to stubborn tech-boom day traders to give in and learn to invest rather than just trade. Hot but stable sectors being championed include pharmaceuticals and municipal bonds...
Canadians are generally a tolerant bunch. But last summer the nation of 30 million nearly went berserk when record demand for air travel led to a spate of flight delays, cancellations and lost baggage. Unlike Americans, whose similar woes might come from a dozen airlines and agencies, Canadian flyers had a solo target for their rage: Boston-born Robert Milton, 40, the in-your-face president and CEO of Air Canada, the country's dominant carrier. Newspaper columnist Scott Feschuk, writing in the National Post, summed up the mood neatly: "Dear Bob, Your freaking airline totally sucks. Sincerely, Everyone." Even...
...resulted from the inexperience of Czech bankers and a misguided semiprivatization in which a percentage of shares in leading banks was distributed to citizens through vouchers. That approach produced a deadly cocktail of limited accountability and poor lending practices. The recent spate of bank sell-offs promises to minimize new losses. "This is the end of crony capitalism," says Pavel Kavanek, CEO of the recently privatized Czechoslovak Commercial Bank (CSOB). "The name of the game now is impartial lending." A majority stake in CSOB was sold to Belgium's KBC Bank in mid-1999 for roughly $1 billion. Last February...