Word: thinks
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Dates: during 2000-2009
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...think it will get? The opinions on this shift, but the Boston Consulting Group in late 2008 predicted that about 50% of the companies bought in leveraged buyouts would default on their debt. If half default, and they fire about half of their workers - not the most aggressive estimate - then you're talking about 1.9 million unemployed...
...haven't we seen more evidence of this yet? I think the media hasn't put it together, but it actually is starting. The default rate for the past 12 months is roughly 12% - that's very high. Half of those companies that have defaulted, according to Standard & Poor's, had some type of private-equity involvement in their corporate life. A lot of those are PE-owned companies, ranging from Chrysler to the Tribune Company to Simmons Bedding. We've already seen the tip of the iceberg...
...repeatedly described the Democratic approach. On Sunday, minority leader Mitch McConnell was at it again, telling CNN that he does not believe Democratic moderates will allow the bill to pass without significant changes: "I believe there are a number of Democratic Senators who do care what the American people think and are not interested in this sort of arrogant approach that everybody sort of shut up and sit down, get out of the way, we know what's best...
...interests, says Shanghai-based environmental attorney Charles McElwee. It follows similar efforts by citizens to block a chemical plant in the coastal city of Xiamen in 2007 and a demonstration against a proposed petrochemical facility near Chengdu in 2008. "They are generally directed more toward proposed projects that they think may have an impact to health or property values," he says. "These are classic 'not in my backyard' protests that you see happen in developed western countries." And with few effective avenues for people to voice their complaints about the ambitious industrial projects springing up around the country, McElwee says...
...songs may be juvenile, but those yodels translate into big business. In Belgium, where nearly 1,000 children competed for the national title this year, the broadcaster VRT selected 12 finalists and aired the competition in primetime over four weeks. (Think American Idol for the pre-pubescent set.) The September finale earned a 30% audience share for the night in Belgium, and the CD compilation of the finalists' performances - along with karaoke versions - went platinum. (See Eurovision's most memorable moments...