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...international expansion - he had a story - but the question is, how many companies in history have ever done that? The psychology of this is that there are all these illusions that we have, like the illusion of superiority and the illusion of control. (See pictures of TIME's Wall Street covers...
Nonetheless, Wall Street prognosticators are expected to have at least two years of growth estimates for the economy; securities analysts must also work up two years of earnings estimates for the companies they follow. That's never an easy task, even for a single company, but massive stimulus spending is making the job even tougher this year...
...down from the 25% jump analysts are expecting for 2010, when the stimulus money will still be pumping into the economy. And it is far below other rebounds. In 2003, for instance, corporate profits rose 77%. (Read a Q&A with an anthropologist on what's wrong with Wall Street...
That goes for his personal life too. Three years ago, when blogger Perez Hilton relentlessly demanded that Harris out himself to the media, Harris made a statement to PEOPLE magazine that was so direct it barely caused a ripple. In fact, when the writers of Sesame Street asked him to play the Shoe Fairy--one of the show's many celebrity fairies--Harris agreed to put on wings and sing and dance about footwear. With a slight rewrite. "He's called the Fairy Shoe Person!" he says when I get the name wrong. "Don't be rude...
...space that previously housed Z Square has remained conspicuously empty for more than eight months since the restaurant was shut down in January due to license violations. But last Tuesday, Peter Lee and Patrick Lee, owners of the popular restaurant and bar Grafton Street, applied to transform the space into the Brattle House Tavern...