Word: stockings
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Dates: during 1990-1999
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...natural, cyclical economic high tide that he merely tried to keep as high as he could for as long as he could -- with considerable success. Wherever credit is due, the Clinton administration has presided over the greatest economic expansion in U.S. history; a 200 percent rise in the stock market; record lows in both unemployment and inflation; and a balanced budget. And don't forget about keeping the worst global economic crisis since the '30s in check and away from U.S. shores. Asked a while back to explain the miracle, the meticulous Rubin put it this way: "It's some...
...With the helium-filled stock market shoving politics aside this decade as Americans' ticket to life, liberty and early retirement, it was Rubin and Greenspan who emerged as the wonks voters couldn't live without. Americans looked to Wall Street, Wall Street looked to Rubin. Clinton, who has proved repeatedly that he knows the electorate better than any of us, knew Rubin's value when he begged his weary cabineteer to ride out impeachment -- a sour stock market was always more dangerous than Ken Starr. And with the Cold War over and the biggest threat to American freedom no longer...
...Harvard is different than a stock optionscorporation," Barrios added. "This is a placewhere we have the luxury of making an example...
...Dedicated day traders have a new way to get hold of shares in those skyrocketing Internet IPOs. Last week Discover Brokerage Direct became the latest online player to offer retail investors a small portion of stock in initial public offerings, before the new issues leap 500% on their market debuts. To participate, you'll need to have a hefty $100,000 in your account, and a hearty appetite for risk--despite the recent mania, most IPOs turn out to be losers...
...ESOP FABLE Before you plunk down your hard-earned cash to invest in a company, you might want to find out if its employees are doing the same. According to a new study by Hewitt Associates, firms that offer employee stock-ownership plans (ESOPs) outperform their industry peers handily. Though more firms now offer stock options to lure new hires, 1,000 public companies (and 9,000 private ones) currently motivate workers with ESOPs. They include such companies as UAL, BellSouth, Allied Signal, Merrill Lynch and Procter & Gamble...