Word: broking
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...that the New York Post broke the news of Phillips' dalliances and the bizarre behavior of his 22-year-old mistress, the influential Deadspin fired a wild shot at one of the world's most powerful sports brands. Deadspin editor A.J. Daulerio, feeling that an ESPN communications source had misled him about the truth of the Phillips story over a month ago (a claim that ESPN fiercely denies), took it upon himself to air alleged dirty laundry about ESPN employees. "It's probably about time to just unload the inbox of all the sordid rumors we've received over...
...biofuels. Once voluminous reserves of grain evaporated; this year, they are at the lowest levels since the mid-1970s. By early 2008, panicked buying by importing countries and restrictions slapped on grain exports by some big producers helped drive prices up to heights not seen for three decades. Protests broke out across the emerging world; in Haiti, fierce food riots toppled the government. NEW LIMITS TO GROWTH REVIVE MALTHUSIAN FEARS, a Wall Street Journal headline screamed in March...
...insuring deposits. When a bank fails, the FDIC makes up the difference between what's left and what's owed depositors, up to $250,000 per person per bank. Two years ago, the FDIC had about $52 billion in its deposit-insurance fund. Today that fund is technically broke. The agency has money reserved to cover anticipated failures but no cash remaining for unforeseen blowups. It has asked banks to prepay three years' worth of premiums and could seek emergency funds from the U.S. Treasury...
Harvard has been ranked as the #1 school to become a snob, the #2 school to meet a future spouse, the #2 school to make connections, #2 for "gourmet cuisine," (what?) the #3 school where you will go broke, #4 prettiest campus, and #6 most politically active in the recent rankings released by College-Admission-Essay.com. Somehow Harvard doesn't make "The Top 10 Schools That Are More Intense than a Pressure Cooker," while Duke and Stanford are ranked...
...best-selling author, broke and eating moose? They ran short on money years ago when Michael, due to illness, had to quit his job as the caretaker of the local cemetery. Carolyn had shared the cash from her book sales and big advances to help her daughter, mother, and several friends. After the books no longer sold, what they had left, mostly, were the family and the friends...