Business Services Industry
Waco, Texas, Business Leaders Feel Pain of Investment Losses.
Knight Ridder/Tribune Business News, July, 2002
By Mike Copeland, Waco Tribune-Herald, Texas Knight Ridder/Tribune Business News
Jul. 14--Scandals have rocked corporate America, and the stock market is plummeting. The carnage has left no one untouched, not even the big names of local business.
"What retirement fund? Mine just disappeared," said Terry Maness, dean of Baylor University's Hankamer School of Business, commenting on the damage to his investments.
"It has really taken a beating, and I guess it will take additional beatings," said Bill Nesbitt, chairman and CEO of Waco's Central National Bank, discussing his 401(k) plan.
The Dow Jones industrial average plunged 694.97 points last week, or 7.4 percent. Investors have lost faith in the market as corporate irregularities...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express