Word: betting
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...have to cut a deal with the proud, well-organized, not so powerful Kurds. (If the Kurds are given an excuse to declare their independence, both Turkey and Iran - countries with large, freedom-seeking Kurdish populations - will be destabilized, and a Turkish invasion of northern Iraq is a good bet.) Even if there is an accord between the Shi'ites and the Kurds, the two will then have to find a place for the Sunnis, who have been the ruling class in Iraq since the Ottoman Empire. The U.S. is not well-placed to mediate these negotiations. As of last...
...think weblogs are a very big idea. In fact I have a bet with Martin Nisenholtz of The New York Times, saying that by 2007 the top stories in world news will break on weblogs. This is not merely a bet between gentlemen—there’s real money on the line. I’m sure I will...
...stocks that looked ripe for sudden movement. Once the two began dating, all it would take for Zimmerman to make a fortune for his firm would be for Becker to whisper the names of stocks she soon would upgrade or downgrade-and for Zimmerman to bet early on them. That's exactly what happened, regulators say, as Zimmerman made several million dollars in illegal insider-trading gains in the year before he married Becker in August...
...Omega Advisors, a hedge fund based in New York City, while Becker worked at Jennison Associates and then at Salomon Smith Barney. In the case of Drugstore.com, Zimmerman allegedly bought the stock just before Becker issued a positive report. With Avon and eBay, Zimmerman sold shares short-a bet that their prices would fall-just ahead of the release of negative reports. The Avon tip allegedly came not from Becker's research but from that of a former colleague at Salomon, who had asked Becker for advice before issuing a negative report. David Brodsky, the attorney for Becker and Zimmerman...
...market. But revenue has recovered somewhat in recent months, and Saban sees great potential in Kirch's licensing business, which was untended during the bankruptcy proceedings. The film library "has tremendous value," says a top Saban aide. If the next global kids' hit is hidden there, you can bet Saban will spot it. --With reporting by William Boston/Berlin