Word: investors
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Dates: during 1990-1999
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Maybe not, but plenty of other folks are. The number of online trading households in the U.S., which totaled 4.3 million in 1998, is expected to pass 20.3 million in 2003. And while the average online investor is 39, the average person investing with a traditional broker is 52. That age gap is what finally got to Merrill. Says Thomson: "We had to look around and ask, 'Are we going to inherit the children of our clients automatically, or are we going to have to put up our dukes and start fighting...
Public-interest groups like the Coalition for Environmentally Responsible Economies (CERES), based in Boston, are scrambling to issue guidelines and standards. CERES, a coalition of more than 50 investor, environmental, religious, labor and social-justice groups, has launched a global-reporting initiative to set environmental benchmarks for corporate reports. London's Institute of Social and Ethical Account Ability, a lobbying group, has established recommendations for standards for social and ethical reporting and developed accreditation procedures for professionals in this area...
Moved PermanentlyMoved PermanentlyFortune Investor DataBellSouth has the cash to outbid almost anyone, but that $7-a-share premium is for a deal that could face serious problems going through. "This is a Baby Bell trying to get into long distance, and BellSouth alone has already been rejected [as a potential long-distance carrier] by the FCC three times," says Greenfeld. "Until AT&T can make a real business out of offering local service over their phone lines, the FCC is likely to make any BellSouth wait ?- and that doesn?t even include state-by-state approval by state regulators...
...legitimacy of President Aslan Mashkadov's Chechen government. Of course, as Moscow has learned at some expense in the past, fighting a war in Chechnya may demand a high cost in men and materiel, as well as in the already depleted confidence of the West?s financial and investor communities (the European Union Thursday warned Russia against restarting the disastrous 1994-96 conflict that killed 80,000 people.) At this stage, however, the embattled Russian leadership has little left to lose...
...pass the beer test. It is a gauge of how cool he thinks you are. "I ask the following: 'Is this someone I want to hang out and have beers with after work and pass up spending time with my wife?' I'm going to be an active investor. So I'd better get along with you and respect...