Word: panic
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Dates: during 2000-2009
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...season, but not as aggressive as last year's stunning markdowns. "On average you might see 30% to 50% off, but last year was 75% to 80% off," says Tiffany Co, director of retail at Fitch Ratings. "I don't think we're going to see the kind of panic discounting we saw last year," concurs Richard Jaffe, managing director at Stifel Nicolaus & Co., although he notes that promotions are starting earlier...
...owned a computer or carried a credit card. Before his flight to Las Vegas last July, he had never flown, and his 1,100-sq.-ft. complimentary suite at the Rio was larger than his home. Begleiter's longtime employer, the investment house Bear Stearns, collapsed in the financial panic last year. He embodies a new breed of recreational player with keen math and risk skills honed at day jobs and attracted by poker's rising stakes. (See how to plan for retirement...
...Given the persistent rumors and the country's volatile political situation, however, some Ukrainians have suggested that the gravity of the situation is being exaggerated by Prime Minister Yulia Tymoshenko for political gain ahead of the January presidential elections. "What has happened is hysteria and panic, which is being provoked," says Arseniy Yatsenyuk, a presidential candidate currently running third in the polls. He accused Tymoshenko of whipping up a frenzy to distract people from the government's failings. "Is anyone talking about wages? No. Is anyone talking about the 4 million unemployed? No. Is anyone talking about...
...Taras Berezovets, an adviser to Tymoshenko, tells TIME that Yushchenko and the other presidential candidates are using the swine-flu epidemic as an opportunity to attack the Prime Minister. "The media are to blame for the panic. From the beginning, the government has told people to remain calm and follow some simple rules," he says. (See pictures of thermal scanners hunting for swine...
...along comes Begleiter, an investment banker who has grabbed a coveted place in the "November Nine." He wouldn't be there if not for the implosion of his longtime employer Bear Stearns, where he headed corporate strategy and helped wind down the firm's business amid the financial panic of 2008. The demise of Bears Stearns marked the rise of Begs the poker player. After the firm was sold to JPMorgan in March of 2008, Begleiter was without work and looking for someplace to let off steam. "I decided what the heck," he recalls. "I'm going to play...