"Yes?if it ignores the techno-nationalistsWHEN trading in the Standard & Poor's (S&P) 500 stock index opened on June 2nd, Bear Stearns was not among the stocks that comprise it. To add insult to the injury caused by its subprime peccadilloes, the crippled 105-year-old investment bank was ejected from the S&P 500 at the close of trading on May 30th following its takeover by JP Morgan.It was replaced by Intuitive Surgical, a firm that was founded in 1995 and now dominates the fast-growing global market for minimally invasive surgical techniques that use robotics and other leading-edge technologies. ..." (2008-6-3)
June 3, 2008
Can America keep its innovative edge?
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