Word: dealing
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Dates: during 2000-2000
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...school reforms go, standardized exams certainly have staying power. But the stakes are a good deal higher on the tests of today. As kids head back to class, they'll embark on what some educators have dubbed the Year of the Test, sitting for state exams that determine everything from high school graduation to school-funding bonuses. Not to mention whether your kindergartner will have nap time (schools in Mobile, Ala., have grabbed that time for test prep), and where you'll buy your next home (real estate agents in Arizona and Virginia now tout high scores in school districts...
...didn't plan it that way, that's for sure. I didn't foresee it as any sort of grand opus or meditation on the American experience. I just wanted to put as much in there as I possibly could that I saw around me and try to deal with as many things that made me uncomfortable, not necessarily as a person but just simply as an aspiring cartoonist or writer. "Can I really deal with this or even describe this in any way? Can I even write a character like this?" It's more of a challenge for myself...
...heavy lifting was done by a few. JP Morgan, a Dow component, shot up 16 points on speculation that they're due for a merger (word is the old-school suits over there will hold out for an extremely dignified deal). Intel, Cisco Systems and Oracle drove NASDAQ, basically because they're the best bets in a rather shaky tech sector, and investors like to have their portfolios nice and fat before the long weekend...
Jessica: I don't think Gore is nagging; he's strategically highlighting a strength. Gore's much-trumpeted readiness to debate may be annoying to Bush, but it's a reality the governor is going to have to deal with. And I don't blame him for skirting the issue for as long as possible - if I were Bush, I'd be terrified to face Gore as well. Bush does not do well when he's pushed off-script, and Gore's people are obviously going to focus their attentions on leading their opponent down the slippery slope of malapropism...
...next deal may be coming soon. Goldman Sachs, Merrill Lynch and Morgan Stanley managed to build international investment banking operations on their own; others may have to get out their checkbook, like Credit Suisse and UBS, if they want to catch up. Most likely to get swallowed: independent securities firms such as Bear Stearns, Lehman Brothers and J.P. Morgan. And at today's prices - Credit Suisse paid $90 for DLF shares that were going for $65 on Monday - that makes them must-swallows for investors...