Word: walls
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Dates: during 1990-1999
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Just last week Republican leaders in Congress, acknowledging the changes sweeping Main Street and Wall Street, proposed a way to end Depression-era barriers that formally separate banks, investment firms and insurers. Already, though, hard chargers like McColl are overrunning the crumbling regulatory barricades. "Hugh McColl is the General Patton of the consolidation process," says Michael Ancell, a banking analyst with the Edward Jones investment firm...
...might think times are flush on Wall Street, what with stock prices at historic highs and ridiculously rich year-end bonuses in the bank. Somebody, after all, just paid a record $2 million for a seat on the New York Stock Exchange. And in lower Manhattan supplies remain tight for rental limos and $20 cigars. Strangely, though, supplies aren't tight at all for traders, bankers and brokers. In a striking irony the financial chefs who for years have cooked up corporate takeovers and restructurings--all smelling like layoffs to working stiffs--are today being served those same entrees. Well...
...that I harbor any ill feelings toward Wall Street's deal machine. To the contrary, I believe in the benefits of cost cutting, carving up and combining companies, and generally placing efficiency and profitability above all else. That's raw capitalism, which keeps U.S. companies fit to win against global competitors and ensures jobs and an improving standard of living for most people. It has its losers, though, and can seem unnecessary when the economy is humming as it is today. But at least now this meal, distasteful to many, is being served in the cook's kitchen...
...black woman cradled in her arms. Clearly, an exchange is about to be made. But for whom? Perhaps, the black woman holding the head is replacing the white woman's head with that of another black woman, in order to become the two-headed woman leaping across the other wall. If so, she has left one black woman headless in order to achieve her self-transformation...
Amid all the various kerfuffles over content and how to make money off it, the Wall Street Journal's Interactive Edition has announced that it expects to become profitable for the first time early in 1999, boosted by its 175,000 loyal subscribers, most of whom pay $49 a year, and the many advertisers who pay a $60 CPM for access to those rich, technology-oriented eyeballs. The Interactive Edition's head count is large -- around 120 employees, half of whom are working on content -- but we did the math, and the 1999 date sounds quite plausible...