PAINFUL LESSONS: Stock-market tumble top AP business story of 2000

Posted: Thursday, December 28, 2000

NEW YORK -- Remember how good ''irrational exuberance'' used to feel?

If 1999 was the economic equivalent of Mardi Gras, 2000 proved to be the morning after -- when the nation's investors and corporate executives awoke to find their wallets half-empty, their dignity more than a little rumpled and their heads throbbing.

That collective swoon was a consistent theme in many of the top business stories of 2000, as ranked by U.S. newspaper and broadcast editors in a survey by The Associated Press.

BC-Top Stories-Business. 800 words. Moving Tuesday on financial wires as f7004 for use any time. Also moving spot.

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