Word: backwardation
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...Frederick,” she whispered. “I am your temple.” Her rosebud lips opened in a wordless gasp as she drew him against her. Frederick shuddered with the ecstasy of liberation. As their bodies intertwined in clumsy euphoria, they fell backward and splashed into the river. A hosanna of bubbles rose around them. On and on the angelic voices sang, on and on the mist and water around them churned. Their bodies moved languorously together in the water, and all around the sun sparkled and there was the smell of honeysuckle. As they drifted...
This special election issue looks both forward and backward, from Nancy Gibbs' virtuoso cover story to Klein's take on the best-run campaign he's ever seen to Michael Grunwald's assessment of the tasks facing the new President to T.D. Jakes on what it means to have a black President to Richard Norton Smith's wise essay on the end of the Reagan era to our great photographer Callie Shell's signature pictures of Obama behind the scenes, where she has been positioned for more than two years...
...wares and the ratings agencies that evaluated them, agreed that by applying the proper equations it was possible to, say, bundle a bunch of subprime mortgages, chop them up and sell the pieces as fairly safe securities, even as they were leveraged to the hilt. Why? The mathematical models--backward-looking and based on just a few years' data from an asset bubble--said so. "As an industry, we let financial tools be a substitute for human judgment," says Kevin Blakely, CEO of the trade group Risk Management Association. "There's been such an earthquake in the industry, people...
...would! Gladly. Where do I sign? After months of reviewing Windows desktops and laptops, I put the new $1,600 MacBook through its paces--and it was like returning from a backward country where nothing works only to find your homeland is even better than you remembered...
...will be carried upwards in the universal tide of a post-carbon society. This narrative is not only disingenuous—it is untrue. It is a falsehood largely borne on the shoulders of environmentalists, who, delicately careful to make platforms seem as palatable as possible, have twisted over backward in order to obfuscate and excise the sometimes jarring side-effects of comprehensive environmentalism...