Word: walls
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Dates: during 1990-1999
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...Bezos' job at D.E. Shaw, an unusual firm that prides itself on hiring some of the smartest people in the world and then figuring out what kind of work they might profitably do. David Shaw, a former professor of computer science at Columbia University, had been wooed to Wall Street by Morgan Stanley, where he specialized in the arcane field of quantitative analysis--using computers to spot trends in the market. He formed his own company in 1988, initially to carry on that kind of work, but with so much brainpower around the office, it seemed a shame to waste...
...retailers over the next few years. During the past two weeks, with holiday sales booming, Amazon's stock price has soared to $94. The stock has split three times. Sales are expected to crest $1 billion this year. "We firmly believe," says Salomon Smith Barney's Holly Becker, "that Wall Street will look back on these growing pains and realize management's foresight in developing one of the smartest strategies in business history...
...Amazon landed on the front page of the Wall Street Journal. The story did two things: it introduced Amazon to a whole new stream of customers, and it caught the attention of rivals like Barnes & Noble and Borders Group, which hadn't yet moved online. Barnesandnoble.com would appear a year later--just before Amazon's initial public offering, which went off at a modest $18 a share. Never mind that the celebrated venture-capital firm Kleiner Perkins Caufield & Byers was its biggest institutional investor before the IPO. Wall Streeters were afraid of the threat posed by the giant Barnes & Noble...
...seems to get the fame thing too. When the school that rejected Damon 20 years ago wrote recently asking for a photograph for its 75th-anniversary wall display, Damon and his mother talked it over for a while. What he had predicted had come to pass. "Karmically, it was big," says Damon. A pause. "Of course I'll send them something." Of course...
...played by Vicellous Reon Shannon), who happens to pick up Carter's book, enters into correspondence with him and then drags his Canadian guardians into the long, complicated fight to redeem him. He's an irresistible kid, maybe the only sort of person who could break down Carter's wall of reserve. The Hurricane may be a little too leisurely in its development, but the unlikely triumph of Carter's saviors is an authentically moving...