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Word: cheaping (lookup in dictionary) (lookup stats)
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...first round of recapitalization, SWFs took small (less than 10%) stakes in financial giants including UBS and Citigroup by purchasing preferred or convertible shares without voting rights. In return, the funds got fairly high interest payments and the chance to buy into institutions at what they thought were cheap prices. They've since suffered losses on the order of 30-50%. SWFs might be wary of coming back for more unless they get more control, along with greater opportunities for synergies between Western banks and their own domestic financial systems...

Author: /time Magazine | Title: Investing: That Sinking Feeling | 7/17/2008 | See Source »

...site of the sprawling house he is having built overlooking a small lake. Proudly showing off the view from the second floor, Lu extols the virtues of living in Songzhuang. "All my friends and colleagues have moved here, so we can get in contact easily. And it's cheap here too. This whole house is only costing me $800,000 to build. Imagine what I would get for that in New York. Nothing...

Author: /time Magazine | Title: Beijing's Revolution | 7/17/2008 | See Source »

...heard of such things, your kid probably has. Sold in tall, narrow cans, they carry teen-friendly names such as Sparks, four maXed and Joose. As with other "flavored malt beverages" (the conspicuously boring industry name for fizzy drinks like Mike's Hard Lemonade), alcoholic energy drinks taste like cheap soda--cloyingly sweet and bubbly, with only the mildest hint of booze, all the better for callow teen palates. But alcoholic energy drinks are much more dangerous than regular alcopops like Mike's. First of all, they contain an assortment of stimulants--mainly caffeine but also ingredients like guarana...

Author: /time Magazine | Title: This Ain't No Wine Cooler | 7/17/2008 | See Source »

Then one day a few months ago, a friend e-mailed me a manuscript of his first book. It's torture plowing through 350 pages on a computer, and I was too cheap to print it out. So on a lark, I forwarded the document to Amazon, which converts such things into Kindle-book format for free; minutes later, I had a lovely version on the device. And since I like to get something for nothing, I downloaded from other sites a dozen great, free novels, ranging from James Joyce's Ulysses to Cory Doctorow's recent sci-fi novel...

Author: /time Magazine | Title: Warming to the Kindle | 7/17/2008 | See Source »

...Thorn lives part-time in two places - his daughter's house in Galesburg, Illinois, where he and his wife relocated on June 7, and "out of a suitcase" in Iowa City. "I'm going to be able to write a hell of a book about cheap motels in the Iowa City-Coralville area," jokes Thorn, who works at the University of Iowa. Repair costs at the flood-damaged campus itself are estimated at $232 million...

Author: /time Magazine | Title: FEMA Gets Better Grades in Iowa | 7/17/2008 | See Source »

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