Word: cones
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Maybe. Digital cash, for all its charms, is still climbing a tough road to acceptance. "Between 40% and 50% of transactions today use cash and checks," says Steve Cone, an executive at Fidelity Investments. "The percentage is going down, but slowly. It's like Chinese water torture." And there are plenty of folks who still like cold cash just fine. Says economist Bruce Skoorka: "Look, every day there's a guy who shows up at a bank in Bogota with a big box full of cash. You think he wants to travel with a traceable digital-cash card...
...systems--argue that the infrastructure they have built is secure enough to survive any tampering and that the markets themselves will factor in the risks of rogue or inexperienced traders. "There is no chance that a money market will fail and threaten the underpinnings of the system," says Cone of Fidelity Investments. This new electronic world challenges everything we thought we knew about finance, but maybe not what we know about economics. Will a high-speed global economy put an end to the boom and bust of the business cycle, or will it create dangerous interlinkages across borders, where...
Detroit (Keagle 0-3) at N.Y. Yankees (Cone...
Oakland (Haynes 1-0) at N.Y. Yankees (Cone...
...rounds. At the end of round one, the person in fourth place becomes the "dunce," sits in a corner and has to wear an ugly orange and green floppy jester hat. For the final round, the top scorer is placed in the "Cylinder of Shush" (sort of like the "Cone of Silence" on "Get Smart") and competes against the clock, with 45 seconds to answer 10 questions from his/her "Savant Category" (pre-chosen by the player during the audition process). At the end of the week, the player with the highest cumulative score is crowned "Grand Savant" and wins...