Word: stanleys
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WASHINGTON—When not drinking on the weekends, my housemates and I frequently watch movies to pass the time. This past weekend, we saw Stanley Kubrick’s dark comedy masterpiece Dr. Strangelove (or How I Learned to Stop Worrying and Love the Bomb) and Mike Judge’s cult classic about the American workplace, Office Space. I still can’t decide which one was more enjoyable...
...Moderated by KSG Dean Joseph S. Nye Jr., the panel also included Stanley Fischer, first deputy managing director of the International Monetary Fund, Allan Meltzer, the former chair to the International Financial Institution Advisory Commission to the U.S. Congress and Brad DeLong and Barry Eichengreen, University of California-Berkeley economists...
Meanwhile, the entire analyst community is under siege, essentially charged with fueling the irrational ascent of worthless stock via questionable buy recommendations that enriched analysts and their firms. Internet pinups Meeker at Morgan Stanley and Henry Blodget at Merrill Lynch each earned about $15 million for their bullishness in 1999--while those who listened paid dearly. Now we demand accountability...
...state, which has been steered on a heading favored more by the officers and crew than by the passengers. I hope Senator Jeffords' decision will be seen as a shot across the bow that will correct the course to benefit all the country, not just people in first class. STANLEY ISENBERG Merion Station...
...short-lived, thanks to recent Federal Reserve rate cuts and rebate checks of up to $600 a household that families can expect by September, compliments of last month's $1.35 trillion, 10-year tax cut. (Singles without kids will receive about $300.) Richard Berner, chief U.S. economist for Morgan Stanley, says that while a recession may have got under way in the spring, the rebates should underwrite modest growth by this fall. (A recession is commonly viewed as two consecutive quarters of shrinking GDP.) Says Berner: "It's likely to be the shortest and mildest [contraction] on record...