Word: bitted
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Dates: during 1980-1989
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...Panasonic products seemed a bit pricey last year, the reason has become clear. Between March and August, some of the company's U.S. representatives allegedly resorted to classic pressure tactics to shore up profits that had been eroded by price wars. Panasonic threatened to cut off deliveries to retailers that discounted Panasonic goods. Among the targets: K mart, Montgomery Ward and Circuit City. Last week Panasonic, a division of Japan's Matsushita, settled charges of price fixing with the New York State attorney general's office. While Panasonic admitted no wrongdoing, the company agreed to refund as much...
...typical shady deal they are believed to have detected is the "bucket trade," in which a broker slices an extra profit margin by buying a contract from a confederate at a bit more than the going price in the pit, or selling one for a bit less. For example, if a customer asks the broker to sell a soybean contract of 5,000 bushels and the market price is $7.50 per bushel, the crooked broker may sell the contract to a colleague for $7.40. That gives the colleague a discount of 10 cents per bushel, or $500, some of which...
ARAFAT'S refusal to clearly recognize Israel makes sense in light of his (and his organization's) past statements. They all indicate what Tel Aviv analyst Asher Susser calls a "strategy of phases," in which the Palestinian liberation movement aims to take control of Israel bit by bit...
...That was my concern. I think he's moderated a little bit," Padula said. "I find him more conciliatory. He strikes me as someone at least willing to listen to all sides...
There was a time in the mid-'70s when wood-stove bores were a serious environmental hazard at parties, the way bullfight bores had been three decades before, sports-car bores were a bit after that and college-tuition bores are now. Some self-pleased gasbag was always bombinating lengthily about his new airtight Jotul 118 or Vermont Castings Defiant or Fisher Papa Bear. (Yes, suburban trendies, from South Carolina to north of Boston, would actually buy, and get all gooey over, a 200-lb. hunk of welded steel that some marketing genius had called a Papa Bear.) This ecological...