Word: tailspins
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BOSTON--The freefall has officially hit a tailspin, but what an exciting ride...
...wildly popular Democratic economic legacy, has been lucky enough to see that legacy start fraying long before November. He can lower expectations without taking any of the blame, and with the mood as it is now he'll get credit for merely pulling out of the nascent tailspin, presumably with Greenspan's help...
However, this feat is easier said than done, given that the Wildcats have emerged relatively unscathed from their tailspin earlier last month. After suffering three consecutive losses in November to Yale, UMass-Amherst and Providence, UNH has returned with a vengeance...
...upheaval follows famous troubles at another suffering hedge fund, Julian Robertson's Tiger Management, which has shut down, and at Berkshire Hathaway, where Warren Buffett's poor performance of late has put the stock into a historic tailspin. Buffett, of course, is no day trader. But totting up the problems of some of the world's most revered investors can be instructive--O.K., and a little...
...massacre on NASDAQ in mid-April will ameliorate concern about this issue on Capitol Hill remains to be seen. But experts such as Christopher Wysocki, president of the Small Business Survival Committee, a lobbying group in Washington, believe taxing e-commerce would put the entire Internet sector into a tailspin. Says Wysocki: "It would change the rules of the game for dotcom entrepreneurs, who would find it nearly impossible to collect and distribute sales tax for the 7,500 state and local taxing jursidictions across America. To survive, many would probably move their businesses offshore. That could really jeopardize...