Word: bob
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Dates: during 2000-2000
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...political. And though many news reports have called this the first peacetime release of oil from the strategic reserve, it is not. The Clinton Administration has played election-year politics with the SPR before. In the spring of 1996, as Clinton was running for re-election against Bob Dole, gasoline prices shot up 20% in some states. Dole proposed repealing Clinton's 1993 gas-tax increase, and three days later the President responded. He seized on an obscure part of a bipartisan deficit-reduction bill and spun it as a relief measure for motorists. On a campaign trip to Florida...
...rash of Net fraud cases has done little to deter online investors from their passion, nor should it if they stick to investing in what they know. "Sure, there's a lot of garbage out there," says Bob Smith, a Houston oil executive. He upgraded his computer five years ago specifically to dump his broker and trade online. He checks the financial Web postings and tunes in to chat sessions on the market. But he also does his own research and notes that the hype-and-con element of Wall Street isn't just online. "Highly paid analysts hype Internet...
Moreover, "about half of the high techs end up repurchasing stock near their highs," says Bob Gabele, who tracks stock-option activity for Thomson Financial Securities. That's hardly a wise use of cash. But companies fall into the trap because they've been doling out so many options for so long. They must buy back shares whatever the price--or issue more shares...
DIED. PAULA YATES, 41, fizzy British TV personality, former wife of singer Sir Bob Geldof and companion of Australian rock star Michael Hutchence before his death; of undetermined causes; in London. Described by a friend as "a Holly Golightly who swore," she was on the cusp of a comeback after three years of depression, drinking and drug abuse following Hutchence's death...
...conceived as a symbol of Cool Britannia. The government spent $1 billion on it, then sold it last July for just $158 million to Japanese financial group Nomura amid a flurry of bad press, worse reviews and lousy attendance reports. The heads of chief executive Jennie Page and Bob Ayling, chairman of the Dome's operators, the New Millennium Experience Company, had already rolled. The British government announced that about $65 million of sale revenues will go toward keeping the Dome running through the end of the year. This month, Dome managers asked for an additional $68 million to keep...