Word: stanleys
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...second set of mutual fund trades--those by Millennium Partners, a $4 billion hedge fund run by storied Wall Street investor Israel Englander. And Spitzer wasn't the only cop on the Wall Street beat. The NASD, a securities-industry regulator, had settled a separate case with Morgan Stanley, which it charged with offering brokers improper incentives to push in-house funds that might not be best for its clients...
...Teller pushed for the "super"--the H-bomb. The rabid anticommunist became a scientific pariah in the 1950s for implying that his former boss, Manhattan Project head J. Robert Oppenheimer, was a security risk. Teller was considered the model for Dr. Strangelove, the bomb-loving scientist in Stanley Kubrick's 1964 movie. In the 1980s, Teller backed Ronald Reagan's nukes-based Star Wars program--a technology so complex that many scientists thought it impossible to build. Even so, the mere threat forced the Soviet Union to try designing its own, a costly decision some analysts believe hastened the U.S.S.R...
...from noneconomically sensitive companies. You would rather own a Viacom than Procter & Gamble. P&G is a great company, but as the economy starts to get better, you would rather have something that has some economic sensitivity to it. You would rather own a Merrill Lynch or a Morgan Stanley than you would a bank. Over the intermediate term, I like media stocks, like Viacom and Clear Channel, Univision. In retail, I like Target and Best Buy. Wal-Mart will be O.K. I like Citigroup...
...help spur demand for goods made elsewhere in Asia. Not every region is out of the woods; Hong Kong, for example, still faces record high unemployment and a big deficit, and deflation still lurks in Japan. But "we do have a fundamental recovery," says Andy Xie, economist at Morgan Stanley in Hong Kong. And he says it like he means...
...Gerald Stanley Hawkins, a British-born astronomer who taught at the Harvard-Smithsonian Observatories and first theorized that Stonehenge was created by Neolithic people to track solar and lunar movements, died May 26 at his farm in Virginia...