Word: sankes
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...Monitor flipped over as it sank, landing upsidedown 240ft. below the surface. The separated turret protruded slightly from under the hull...
Sixteen sailors died when the Monitor sank. Scientists found the human remains in the raised turret, along with a pocketknife, a leather boot and a coat button. They hope to find more artifacts when they clean out the tons of silt that remain in the turret...
What does make perfect sense to anyone from those Midland days is to blame Wall Street. Bush remains distrustful and not a little dismissive of the investment bankers who swooped into Texas with saddlebags full of cash when oil prices gushed but galloped out of town when prices sank. Back in April, when the Dow hovered around 10,000, a White House economic adviser told the President at a social gathering that "there's no reason this market shouldn't be around 7500." According to an eyewitness, Bush made a face, turned and walked away, as if the subject bored...
...billion. Graham liked companies whose current assets were at least twice their current liabilities. This measure, called the current ratio, tells you the working-capital cushion a company has at its disposal. Graham also believed that long-term debt should not exceed working capital. WorldCom's working capital sank to a negative $8 billion in 2000 even as its long-term debt was burgeoning--to more than $30 billion in 2001. WorldCom was making a mockery of Graham's "margin of safety...
...What does make perfect sense to anyone from those Midland days is to blame Wall Street. Bush remains distrustful and not a little dismissive of the investment bankers who swooped into Texas with saddlebags full of cash when oil prices gushed but galloped out of town when prices sank. Back in April, when the Dow hovered around 10,000, a White House economic adviser told the President at a social gathering that "there's no reason this market shouldn't be around 7500." According to an eyewitness, Bush made a face, turned and walked away, as if the subject bored...