Word: stocking
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...banks' shareholders don't make a promising target. The stock prices of Citigroup and Bank of America, to name two especially dramatic examples, are down more than 90% from their 2007 peaks. There are arguments, relating to incentives for executives and future shareholders, for wiping out current shareholders at the most troubled banks. But that won't pay for anything - the shareholders simply don't have much more value to cough up. Same goes for those who work in the business. Many have lost their job and life savings, and most have seen their salary cut. Yes, there have been...
When you're eight months pregnant, it's hard to find a good interview suit. But a burgeoning belly didn't stop Nicole Young, 33, from hitting the job circuit this fall. Her husband, who works on the floor of the New York Stock Exchange, has seen his income shrink along with the Dow. And the consulting projects she has been doing from their home on Long Island in New York are not bringing in enough money to make up the difference. So Young, who left her full-time marketing job in 2005 when she was pregnant with their first...
...facilitation of the occasional Thursday night tryst here in the 02138. But Ladies, ladies, listen to a man. Sometimes you’re hanging out just pongin’ in Mather, or kickin’ it old school with a Steel Reserve from Louie’s private stock, or hitting up the gym bench pressin’ like a bandit, (kicked it up to 90lbs this week, no big deal) and you get that text from a special someone we all know so well: “yoyoyo whut...
...wealth rhetoric (Obama talks about punishing companies that send jobs overseas; Vice President Joe Biden said he wanted to throw CEOs "in the brig"; Senator Claire McCaskill referred to CEOs as "idiots") and policies of this Administration and the Democratic Congress are making it difficult to stabilize the stock market and much harder to get successful people to invest in American jobs...
...with generous benefits, obviated the need for a comprehensive social safety net of the sort familiar to Western Europeans. Then came the bubble. After financial markets were liberalized in the 1980s, Japan went on a debt-fueled binge that made modern Americans look as thrifty as Amish farmers. The stock market soared into the stratosphere, and property prices went so haywire that it was common to claim that the land on which the Imperial Palace sits in the center of Tokyo was worth more than California...