Word: bidding
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DIED. LYN NOFZIGER, 81, irascible, savvy longtime aide to Ronald Reagan; of cancer; in Falls Church, Va. As head of communications for Reagan's successful 1980 White House bid, Nofziger endeared himself to the press with his candor, rumpled look and Mickey Mouse tie. The former newspaperman, who began advising Reagan in 1965, retired as a White House aide in 1982, but not before filling in memorably for press secretary James Brady after Reagan and Brady were shot by John Hinckley in 1981, delivering to reporters the President's quip "Honey, I forgot to duck...
...will be a bittersweet exit for a proud Massachusetts pol who started serving the Bush family in 1979, when he would pick up the President's father at Boston's Logan Airport in a red Chevette with rusty floorboards and drive the elder Bush, in his first bid for the Republican presidential nomination, to campaign stops throughout New Hampshire. Card, now 58, went on to become George H.W. Bush's last Secretary of Transportation, and remains "Secretary Card...
...cost of her upcoming wedding, so she did what a lot of cost-conscious brides are doing these days. She shopped for her wedding dress on eBay. And she found it: a beautiful Monique Lhuillier design that was lacy and sophisticated and everything she had hoped for. Smith started bidding. And hoping. And bidding again. At the end of the auction, unfortunately, her bid of $2,400 wasn't high enough to meet the seller's hidden reserve price. That meant the dress didn't sell. Smith was disappointed. Until she received a message from the seller--or, rather, someone...
...similar items. If you see that the same thing sold for about the same dollar amount, you can generally expect that to be the market price. Buyers who don't compare prices risk overpaying or--like Smith--getting taken. Some crafty sellers use friends and associates to get a bidding frenzy started and then let you know--after the auction has closed--that the other bidders have defaulted and you can get the item for your "bargain" bid in the middle of the range. In that case, of course, your bargain bid is no bargain...
...West Snubs East I was very surprised by the Europeans' resistance to Indian tycoon Lakshmi Mittal's takeover bid for Arcelor steel [Feb. 13]. We in the East are working very hard to establish societies based on European values. But the European hostility toward an Indian's move into their world has shattered our confidence. On the merger issue, it is very sad to note that the Europeans turned out to be as conservative as any traditional Easterner. Their reaction confirmed that a strong psychological barrier between West and East still exists. Anis Alam Saeed Karachi...