Word: suffering
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Dates: during 1990-1999
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...time to give affirmative action a decentfuneral," he said. "The beneficiaries are thosewho did not suffer; the victims are those who arenot guilty...
...even now, progress is uneven. Though Hanoi and Ho Chi Minh City are booming, rural Vietnam--where most of the country's 73 million people live--is largely destitute. Half of Vietnamese children suffer from chronic malnutrition. The country's remarkably high literacy levels-among communism's proudest accomplishments-have begun to decline, as teenagers race off to find jobs instead of staying in school. On a recent visit, Singapore's Senior Minister Lee Kuan Yew, a Hanoi favorite, complained that investment projects are "being held to ransom" by officials looking for payoffs. Harvard economist Dwight Perkins describes Vietnam...
Some analysts say Kerkorian's bid actually underestimates the company's underlying value. If the U.S. economy manages to maintain moderate growth with low inflation, car sales might not suffer as they did in the last recession. And a seasoned asset stripper like Kerkorian might not hesitate to sell off some of the company's high-performance divisions, like Jeep. "I think it's a $100-per-share stock," says David Cole, head of the University of Michigan's auto-industry think tank...
Iacocca also thinks the company can afford to spend down some of its cash reserve. Auto manufacturers suffer the problems of other cyclical industries. The same domestic auto industry that had record earnings of $14.6 billion last year posted a whopping $7.6 billion in losses back in 1991. But the $7.5 billion put aside by Eaton, says Iacocca, is too much. "The most we ever needed in severe downturns was four to five [billion]," he says. Keep $2.5 billion in cash on hand, add the company's $2.5 billion bank credit line and "you're fine," he says...
...pockets to purchase 26 Apple computers by this fall. True, the Driscoll students will then have an advantage over those who attend Brookline's seven other primary schools. But, says Deborah Rivlin, whose two kids attend Driscoll, "I'm not going to stand on principle while my children suffer...