Word: blunt
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WASHINGTON, D.C.: After weeks of increasingly blunt hints from Fed Chairman Greenspan, the Federal Reserve pulled the trigger Tuesday, announcing a quarter-point increase in interest rates. The central bank raised its federal funds rate, the rate charged for overnight loans between banks, from 5.25 percent to 5.5 percent. That should lead to a corresponding increase in the prime rate from 8.25 percent to 8.5 percent, and in turn a hike in the rates of the millions of consumer and business loans that are linked to the prime. Despite criticism that at its current 2.3 percent rate, inflation is quiescent...
...them yourself. At last fall's Yale Game, I bumped into a dozen consultants from my graduating class at John Harvard's Brewhouse, and each one was shockingly blunt. Their jobs? "Selling out." Their reasons for staying? "Don't know what else to do." Do they at least like what they're doing? Nope. Parts of it interested them, but on the whole, every one of them hated the hundred hours a week they spent toiling for the market. That's why they're paid so well--to ignore their own happiness...
...assessment was like Barnevik himself: analytical, quick, blunt and, above all, global. As chairman of ABB Asea Brown Boveri, the world's largest electrical-engineering group, Barnevik, 57, presides over a $36 billion federation of more than 1,000 companies with 217,000 employees in 140 countries. Zurich-based ABB is the biggest single investor in Eastern Europe and the former Soviet Union, a Western pioneer in India and an aggressive player in East Asia and Latin America. For three years running it was voted "Europe's most respected company" in a poll of executives by the Financial Times newspaper...
Crandall is the kind of blunt corporate instrument who is used to this sort of stuff. He has frequently antagonized the pilots over the years and once even mocked a pilot-commissioned study of the company, saying, "If the pilots were in charge, Columbus would still be in port." But he may also have misread apa's intent. Crandall thought he had a deal last fall, but a hard-line union contingent, working through the Internet, mobilized membership to reject a contract offer blessed by the union's executive committee...
...most arrogant gesture I have seen in my life," says Bill Howell, executive director of the Utah Association of Local Governments. In the town of Kanab, just outside the monument, shops and schools closed in protest, and residents released black balloons into the air. Local artists were more blunt: a popular cartoon circulating for a time pictured the President mutely mooning the state of Utah...