Word: stanley
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Dates: during 2000-2009
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...with a two-day growth of beard wandering the tunnels connecting subway stations in central Tokyo. "HELP ME," reads a sign around his neck. "RESTRUCTURED." There were nearly 20,000 bankruptcies last year - the second-highest yearly total since World War II. "It's simple," says Andy Xie, Morgan Stanley's chief economist for the Asia Pacific region. "Japan has not evolved into a postindustrial econ-omy. Its dominant role in manufacturing isn't sustainable, not with countries like China gradually taking over this role." According to a recent study by the Japan Research Institute, an economic think tank...
...taking the process too far, so that the cars are starting to look alike. "With the Volkswagen Passat and Audi A4 in some European markets, people know they can get a cheaper car that's bigger by buying the Passat," says Gregory Melich, auto-industry analyst at Morgan Stanley in London...
Eventually, in 1989, Fetisov was allowed by President Mikhail Gorbachev to emigrate and led the Detroit Red Wings to two Stanley Cups. He now lives in suburban New Jersey, where he works for the New Jersey Devils. Yet he has agreed to coach this year's Russian Olympic team. For free. "It would be the easiest thing for me to turn my back. I have my family here. I have a nice house," he says. "But I can't say no to the people of Russia. People who raised me, who gave me education--how can you deny them...
...DIED. STANLEY MARCUS, 96, pioneering high-end retailer who transformed a family-run women's-apparel store into the opulent Dallas-based emporium Neiman Marcus; in Dallas. Voted the ugliest boy in his high school class, Marcus went on to receive an M.B.A. from Harvard and made his mark in retailing with the introduction of personalized gift wrapping, in-store fashion shows and his legendary line of extravagant his-and-her gifts, which included a pair of Beechcraft airplanes...
...example, Martin Wolf of the Financial Times moderated the annual update on the world economy, with a cast of analysts from China, Japan, the U.S., Britain and Germany. For those convinced that a strong recovery in the U.S. is already under way, Stephen Roach, chief economist of Morgan Stanley, had a pitcher of cold water ready, pointing out that no economy had ever been able to maintain a buoyant recovery from a recession while running such an enormous deficit on the current account, and while household and corporate balance sheets are overloaded with historically-high levels of debt. The most...