Word: trust
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Dates: during 1990-1999
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...fiduciary point of view. Its unlikely heroine turns out to be none other than Elvis' "child bride," Priscilla Beaulieu Presley, who divorced him in 1973 but took over EPE six years later as trustee for their young daughter Lisa Marie. (EPE was and is the operating arm of the trust that owns the Presley estate.) At the time, the company's principal asset was dead, his shockingly modest estate of $4.5 million was rapidly dwindling, and his popularity was in sharp decline. As the company struggled through the courts to regain control over the name, image and reputation of Elvis...
Other entities that once made the region unique have fallen by the wayside all over the South. Friends and relatives who used to do their banking at BankSouth or Citizens and Southern (known as C&S) must now bank at Nations Bank or Sun-Trust, larger banks that have merged with the more local banks. Grocery stores such as Piggly-Wiggly have been replaced by larger chains like Publix. Though changes in the name of the place where you bank or buy your groceries may seem trivial, I think they are part of a larger, unfortunate trend--the homogenization...
...giant pot of money. "But this is not the tail wagging the dog," insists Frank Salerno, a managing director in charge of index funds at Bankers Trust. Index funds, including the big pension money, account for only 10% of all the money invested in S&P 500 companies. It's unlikely that such a small percentage is dominating the index. The other 90%, which presumably has made reasoned judgments about value, has a lot more to say about where the S&P 500 is going. Yes, prices relative to earnings on big stocks like General Electric and Coca-Cola...
...House Republicans scheduled another private meeting for tonight? "Some people are still angry," says TIME's Jay Carney in Washington. "This meeting is out of Gingrich's control. His supporters, especially, want to know exactly what happened." So does Gingrich. "He's still angry, and will probably never fully trust any of them again," says Carney. "But those public calls for forgiveness may be the only thing to prevent more bloodletting tonight." Featured speakers at the inquisition will be Dick Armey, Tom DeLay, and GOP Conference Chairman John Boehner, all probably with a different version of events. "Armey, besides...
...sort of a New Age Billy Graham who has wormed his way into the high councils of state as spiritual consultant to the President. He is played with a nice shiftiness--you really wouldn't want to trust this guy with a church-collection plate--by Matthew McConaughey. Yet director Robert Zemeckis lets him carry the movie's message. That is to say, Joss, not Ellie--bless her sternly rational soul--happens to be right; there is, just as he has so tiresomely predicted, a metaphysical dimension to deep space...