Word: bond
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Dates: during 2010-2019
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This sophisticated bit of financial wizardry is known as a carry trade, and it's a popular way to offset moves in equity and bond markets while also producing a handsome return. (See pictures of TIME's Wall Street covers...
...handling of Umar Farouk Abdulmutallab, the Christmas Day bomber. Then he added what looked like a political attack of his own. "Politically motivated criticism and unfounded fear-mongering only serve the goals of al-Qaeda," Brennan wrote. Predictably, this caused another round of criticism, with Missouri Senator Kit Bond, the ranking Republican on the Intelligence Committee, responding by announcing that Brennan is part of a "political mess at the White House" that "puts our country at risk." (Read "Obama and Counterterrorism: The Debate Moves Right...
...monopolized Dan’s time since they started dating, resents her presence. While stuck in the chair lift, the two are forced to grow and support each other. The two develop genuine rapport with one another, and it is surprisingly touching to see how they are able to bond through adversity...
...rekindling his star wattage after being absent from leading roles since Signs in 2002. Edge of Darkness might seem just the vehicle for that mission. Based on an acclaimed BBC miniseries from 1985, with the same director at the helm (Martin Campbell, who with Casino Royale rebooted the James Bond franchise) and with William Monahan, the Oscar-winning screenwriter of The Departed, working on the script, it focuses on a familiar Gibson character: the haunted hero who solves problems by killing people. (See the top 10 James Bond gadgets...
Back in 2006, Lawrence McDonald, a former Lehman Brothers bond trader, remembers, he asked an intern what he was doing during the winter break at the now bankrupt investment bank. The intern, who was a junior in college, said he was trading derivatives for the firm. Surprised, McDonald asked the intern the size of his pad - Wall Street-speak for how much of the firm's money he was able to trade - figuring it couldn't be much. The intern's response: $150 million...