Alex Berenson

I think in some ways what Snowden is, is he's a mix of a cold war spy novel and post-9/11 spy novel.

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The notion that employees and companies have a social contract with each other that goes beyond a paycheck has largely vanished in United States business.

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Good spectator sports share certain fundamentals. Their competitors battle head-to-head. Their winners are determined objectively: fastest runner, most points. They are refereed, not judged.

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For investors who do want to speculate in high-yield bonds, one alternative may be a junk bond mutual fund, which can offer investors the relative safety of diversification.

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Mr. Snowden did not start out as a spy, and calling him one bends the term past recognition. Spies don't give their secrets to journalists for free.

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Enron Field in Houston, the Trans World Dome in St. Louis and PSINet Stadium in Baltimore are just three of the modern-day coliseums named for companies that have found new homes in bankruptcy court.

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For a developing country, average long-run growth of 5 percent a year per capita is excellent, and 7 percent is stellar.

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Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide.

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America Online, of course, is a master of the hard sell, from stuffing mailboxes with free trial offers to forcing subscribers to click through ads before they can get their e-mail.

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Macroeconomics is the analysis of the economy as a whole, an examination of overall supply and demand. At the broadest level, macroeconomists want to understand why some countries grow faster than others and which government policies can help growth.

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For as long as anyone can remember, reliable, cheap electricity has been taken for granted in the United States.

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Generally, a rally will have staying power, technicians say, if, in addition to price movements, it has heavy trading volume and breadth, meaning that several stocks rise for each stock that falls.

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For value investors, General Motors is a tempting target. The company's share of the North American auto market has steadily declined for two decades, and analysts say the company suffers from weak management and unexciting cars.

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Big companies, which spend tens of billions of dollars annually on 'call centers' to take orders and provide customer support, increasingly rely on speech recognition not just to handle requests for information but to process customer orders.

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The fact that we haven't faced another major terrorist attack on American soil since Sept. 11 is a very significant achievement, and one that's easy to forget - it's the dog that doesn't bark.

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Did anyone in the White House or the N.S.A or the C.I.A. consider flying to Hong Kong and treating Mr. Snowden like a human being, offering him a chance to testify before Congress and a fair trial?

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Higher productivity enables companies to increase sales without adding workers. Even if job markets tighten and wages rise, corporate profits can continue to climb as long as worker productivity is growing faster than overall wages.

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Information technology departments must spend enormous amounts of time and money worrying about integrating big computer systems with billions of pieces of customer data.

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The details of the personal expenses that executives put on the company tab often are not known because loopholes in federal disclosure rules let publicly traded companies generally avoid disclosing the perks they give executives along with pay and stock options.

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Publicly traded United States companies report sales and profits to investors every quarter.

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Quotes by Alex Berenson