Word: stanleys
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When introducing the panelists, Cosentino described investment bankers as "finance specialists" and consultants as strategic generalists. Representing investment bankers, Harris, a principal at Morgan Stanley Dean Witter, replied to that definition...
...these information sessions is one of the keys to getting that coveted Goldman Sachs or McKinsey interview. And if you don't want to go into investment banking or management consulting, then you have nothing to worry about. So the next time you find yourself complaining about the Morgan Stanley information session that conflicts with your dinner plans, at least go for the free food. Savory baked tofu or shrimp and cocktails? You decide...
Should that happen, the TIME board's numerical forecasts are not spectacularly gloomy. Stephen Roach, chief economist of Morgan Stanley Dean Witter, the giant investment firm, foresees the growth in gross domestic product slowing to an annual rate of 3.2% by the end of this year--vs. 3.9% for all 1997--and then to 2.5% by the end of 1999. Sinai expects 1.5% for all 1998, then...
Robert Gordon, who occupies the prestigious Stanley G. Harris chair of economics at Northwestern University, thinks profits may be hit even harder, though he offers no numbers. His explanation: labor shortages caused by the past boom are still severe and likely to remain so even with a slowdown in the growth of output. That condition will push up wages faster than companies will be able to raise either prices or productivity--that is, output per hour. Productivity is in fact already sliding, as it usually does at this late stage of a business expansion, the increasing computerization of the economy...
...five to a two-hander in Apt Pupil, from a Stephen King story. The other three directors have bought a big canvas (at a cut rate) and splashed strange people on it till it's as busy as a Bruegel. Solondz has a dozen major characters trudging through Happiness. Stanley Tucci, the co-writer, co-director and star of everyone's favorite Italian-food film, Big Night, has created a shipful of fools in his farce The Impostors. Todd Haynes, known for his furtive, paranoid parables Poison and Safe, goes wide-screen and handsome to summon the ghosts of glam...