Word: turmoil
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Last week's turmoil on Wall Street was the latest in a summer-long slide that has knocked almost 740 points, or nearly 8%, off the Dow index since July 17, a decline that economists call a correction. (A 20% drop signals a "bear market.") But a deeper and quieter sort of stock decline has been under way much longer, particularly among smaller companies. For example, the Russell 2000 Index of small-capitalization stocks has fallen nearly 5% since January. Investors have been seeing these declines for some months in their brokerage statements. So as they survey the carnage...
...Stannard says, "you work hard and do the best with what you've got," or is it a place where, as Rivers says, "Vermonters take care of Vermonters"? It will be years before the people of Vermont sort out whether the benefits of Act 60 were worth all the turmoil. But John Irving, for one, is not waiting around to find out. He's starting up his own private school--and stealing the principal away from the private academy where state senator Shumlin sends his kids. "My response is as brutally upper class as I can make it," says Irving...
...fabled pre-eminence in the animation arena has eroded since its Lion King days and that its theme parks face newly ferocious rivals and, perhaps as a result, deliver lower profit margins than they once did. ABC, snapped up by Eisner back in 1995, has suffered its own turmoil and a ratings free fall (this past season brought the network the indignity of finishing behind Fox in the 18-to-49 demographic). The launch of Disney's cruise line has been delayed by shipyard snafus...
...middle class and theatrical. Had to be, or he would have been no more than a momentary phenomenon. Kazan found in the man-boy he made into a star "a soft, yearning, girlish side...and a dissatisfaction that can be dangerous." There's "a hell of a lot of turmoil there," he said. "He's uncertain about himself and he's passionate, both at the same time." The performances that defined Brando's screen character, and that somehow articulated the postwar generation's previously inarticulate disgust with American blandness and dishonesty, its struggles to speak its truest feelings, are powered...
...muddled, unchastened world, still fed romantically on the mistakes and half-forgotten dreams of dead statesmen and poets. Here was a new generation, shouting the old cries, learning the old creeds, through a revery of long days and nights, destined finally to go out into that dirty gray turmoil to follow love and pride; a new generation dedicated more than the last to the fear of poverty and the worship of success, grown up to find all Gods dead, all wars fought, all faith in humanity shaken...