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...Time Warner New Media Department, also starting next fall. He explained how every room in the Time Warner Complex has a fridge with free spring water and bowls of complimentary snacks, including chips. I suddenly remembered something about my thesis: as much of a pain in the ass as it was, it at least allowed me to close my eyes to the other problems that I was now staring in the face, like what the hell I was going to do with myself next year. I needed...

Author: By Jake S. Kreilkamp, | Title: PIPELINE | 4/20/1995 | See Source »

Leeson certainly had the quickness to rise at Barings at a time when a "bite the ass of a bull-every day" attitude-as a British securities executive describes it-was beginning to infect the bank's stiff and cautious culture. In the early '90s, the London headquarters of Barings was struggling with the division that championed derivatives-financial instruments that use the public's massive bet on securities to create a parallel universe of side bets, some straightforward (like futures) and others arcane (like swaptions). Derivatives helped the Tokyo unit make huge amounts of money-the kind of money...

Author: /time Magazine | Title: Nicholas Leeson: GOING FOR BROKE | 3/13/1995 | See Source »

...Your agency is responsible for screwing up this sweepstakes. Soon as the debacle hits, your stock plummets. Mom and Dad lose millions in paper profits they've never had a chance to enjoy. Then your big shareholders will sue your ass, my brother, and you will lose. You gambled the value of the company on the faulty data-security built into your set-top box, and you as a corporate officer are personally responsible for the losses...

Author: /time Magazine | Title: THE GREAT SIMOLEON CAPER | 3/1/1995 | See Source »

Eynon: We opened up a can of whoop ass tonight...

Author: By Matt Howitt, | Title: Can You Say Dynasty? | 2/23/1995 | See Source »

Remember the urban legend in which the response "Why not?" to the philosophical query "Why?" earned some smart-ass an A? When someone attacks you with the ridiculous question, "Why fashion?", do as I do and quip back the correct three-word response: "Why not, darling...

Author: By Rebecca R. Kirshner, | Title: The Fashion Muse | 2/23/1995 | See Source »

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