Word: cooks
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...What the eight-person group does, in essence, is make you cook everything down, and make everything very specific," he says. "You can't have the diversity in the group that you might have had before...
...maybe that's just my common room). We Harvard students live in a tourist attraction with movie stars and geniuses; we're recognized on all continents as the crme of the brulee, the syrup on the pancakes of greatness. Yet most of us complain like vegans at a barbecue cook...
...Name in the upcoming London trial. "By the late 1970s," he told TIME, "the Committee [Council] of Lloyd's knew they were facing a crisis, and by 1982 the hierarchy knew that Lloyd's was bust. The only way they could keep going was to suppress the asbestos information, cook the books to ensure they were still showing profits, and go after new investors...
...1960s to 14,000 in 1978 and exceeded 34,000 by the late 1980s. These were discount Names too, Lloyd's having lowered the net worth needed to become a Name to substantially below $1 million. The lower bar gave entry to investors such as Shirley Cook, a third-grade teacher from Texas, and Elizabeth Bencsics, the wife of an electrician in New Mexico, who lost big chunks of their life savings. "At school we were taught that there was nothing more honorable than Lloyd's of London," Bencsics says. "I was thrilled to be part...
...recruitment drive. Its answer was to persuade Parliament to grant the company immunity from lawsuits by the Names--something the lawmakers might not do were they to get wind of the insurer's financial problems. And so, according to the London suit, Lloyd's duly set out to cook the books. The complex scheme allegedly involved closing the books prematurely on growing losses to conceal them...