Word: paste
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Dates: during 2000-2009
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...past decade was different, marked by mergers designed to focus companies on a core business and drive down unit costs. Corporations unloaded subsidiaries worth $1.5 trillion in the '90s, according to J.P. Morgan. Mergers are not risk-free, as the overexpanded First Union has proved, but for the most part, banks buying banks--and utilities buying utilities and drugmakers buying drugmakers--has worked. And with so much focus on efficiency, these deals have done a lot of Alan Greenspan's job for him, reining in prices and inflation...
...John McCain is finished!" Keyes ranted. Keyes had torn into McCain in their past debate for waffling about whether his 15-year-old daughter, if she were to become pregnant, would be the one to choose whether or not to abort. (McCain ultimately said the family would decide.) "He's done! Stick a fork in him! Nobody who's pro-life will vote for that man if they have any integrity...
...cough sounded nasty. But Lauersen, 60, seems to present an extreme case. Prosecutors say he sent out falsified bills and created fictitious office notes, some prepared long after patient visits and then backdated. And the dollar amounts he is accused of defrauding are large: $4 million over the past 10 years...
CRASH COURSE? Have you been borrowing money to buy more stocks? So has everybody else, it seems. Margin debt has increased an alarming 62% over the past year. Is this the canary in the coal mine? Such thoughts are on the mind of Fed Chairman Alan Greenspan, who openly expressed worry about the increase--or at least said he was "thinking" about it, which is enough to worry the rest of us. The propensity for people to buy things that they don't have the money for is one reason the Fed is expected to raise interest rates this week...
...continue its slide over the next few months. On the negative side, that means U.S. exports are getting progressively more expensive for European buyers. But cafes in Paris and pensiones in Rome are getting cheaper by the day. The buying power of the dollar has increased 16.4% in the past year...