Word: stocke
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Dates: during 1990-1999
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Weill was proposing to merge Travelers, deeply ensconced in insurance and stock brokerages, with the nation's second largest bank, Citicorp, in a deal that would tread all over Depression-era legislation prohibiting such an expansive combination. He would need bank regulators, immediately, and Congress, in short order, to clear a path. No surprise to Weill watchers, "Sandy" got what he needed, and more...
...theory, there's plenty in the Financial Services Modernization Act for everyone. Individuals should end up getting faster answers and better rates on things like home mortgages and insurance, and corporate clients will be able to issue stock and buy directors' insurance with a single call. One-stop shopping for financial services up and down the customer ladder is mainly what this bill is about. Yes, you've heard it before, and, yes, it failed miserably in the 1980s. (Remember Sears, which added another dimension--buy stocks where you buy socks?) But with the government's stamp of approval...
...feeling among many traders that even if Microsoft were found guilty of antitrust, that might not be a bad thing. For instance, if the feds decided to split the company up, whether along product lines or by creating several equally endowed "Baby Microsofts," the combined value of the resultant stock would probably end up higher than the original. Other scenarios aren't so rosy: Bill Gates could be forced to give away the source code of his core product, Windows. Or the government could simply weaken the company with a lot of regulations - sort of a permanent peacekeeping mission...
...piece poster with a simple map and a table of all the hours, phone numbers, collections, and lending policies of the libraries. On the reverse side, it could include a map of Widener, or a brief summary of important HOLLIS commands. If it were made of good laminated cardboard stock, students could fold it up and put it in their backpacks or tape it on their wall next to the Harvard Shuttle schedule. That concise approach was lost on the creators of the folder. A map is included but it isn't built to last, and doesn't convey enough...
...1970s, Plymouth's domestic sales maxed out at 750,000 per annum, buoyed by its success in stock car racing. Then globalization - and fuel shortages - set in. In more recent times, the Detroit behemoths have begun to gobble up foreign automakers, notably Volvo and Saab, with younger demographics and better brand images, and some of America's most famous brand names, such as Plymouth and Oldsmobile, have begun to feel the pinch as the companies seek to cut marketing and advertising costs by focusing on brands with a more youthful image. Oldsmobile, with sagging sales throughout the decade despite many...