Word: stocked
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Dates: during 2000-2009
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...taking a risk here," says Gettelfinger. "We're going into this with an equity value of zero," he added, referring to the virtually worthless stock that both VEBAs are getting in lieu of cash that was owed them by the automakers. Then, pointing to his next battle, he said, "We've got to keep pushing for national health care...
...pictures of the stock market crash...
...Merging AOL with Time Warner in 2000 could have and should have been a brilliant move, not just for Case, who made zillions by converting high-flying Internet stock (and a bit of fuzzy accounting) into real money, but for the world's biggest media company too. By the turn of the century, it had become apparent that the value of content was plummeting as more and more media were digitized. Time Warner's video, music and print, and especially its cable company, could have and should have rallied around AOL as the solution. AOL and Time Warner Cable...
...Spinning AOL off is a good move for AOL. With his Google pedigree, Tim Armstrong appears to be the right person for the job. AOL can soon sell its own stock and raise money to do what big Internet companies must do, especially now: buy the great (undervalued) start-ups that are creating the future. The only question that remains is, What happens to the rest of Time Warner? That's another story...
...renaissance of its own. A looming round of deregulation is set to spark an industry restructuring, pitting existing state-owned railroads against smaller private upstarts. At the same time, countries including Spain, Italy and France are spending billions of dollars on new high-speed railroads and rolling stock to compete with airlines. All this means one thing for travelers in Europe contemplating a switch from increasingly stressful and time-consuming air travel to more civilized rail: all aboard. (See pictures of Paris...