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Word: coppers (lookup in dictionary) (lookup stats)
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...many forms, they all share certain similarities. No matter how complex a derivative may be, it is at bottom a security that takes -- or derives -- its value from underlying things that can range from the familiar (stocks or bonds or interest rates) to the exotic (gold in Ghana or copper in Mexico). Moreover, those underlying things can be sliced and diced in all kinds of ways. Among the most popular derivatives in mutual-fund portfolios are the so-called interest-only strips, which pay interest that comes from pools of government-backed mortgages. These strips became hot when interest rates...

Author: /time Magazine | Title: The Devil's in the Derivatives | 10/10/1994 | See Source »

...Although they lead in the race to lay fiber-optic cable, much of it was originally installed to carry a high volume of phone traffic into cities and therefore does not connect to individual homes; instead, the fiber-optic trunk lines branch into twisted pairs of copper wires, which carry far less information directly to the customer. That means the companies must either replace this so-called last mile with fiber-optic cable or find a way to compress the data through the thin copper openings...

Author: /time Magazine | Title: Lights! Camera! Dial Tone! | 9/5/1994 | See Source »

...seven centuries of Moche civilization, Alva estimates, 5,000 people lived in the sandy foothills near Sipan. There too were the busy workshops of the masterly skilled artisans who created the richest treasures found in the Western hemisphere. They perfected an alloying technique, using gold, silver and copper and formulated a method of gilding copper by electrochemical plating...

Author: /time Magazine | Title: Golden Wonder | 6/27/1994 | See Source »

Everything is just about ready. in Orlando, Florida, painters have finished the massive black and white panels that have transformed the copper dome of the new city hall into a giant soccer ball. Near Detroit, agronomists from Michigan State University have covered the synthetic turf in the Pontiac Silverdome with 1,850 hexagonal chunks of specially grown, soccer-friendly grass. In Palo Alto, California, workers are nearly finished giving Stanford University's venerable stadium a $5 million face-lift...

Author: /time Magazine | Title: 190 Countries Can't Be Wrong | 6/20/1994 | See Source »

...dreaded rap at McCarthy's door. The reporter, Robert Nelson, young and just out of school in Nebraska, had been by four or five times, had knocked until his knuckles hurt, but no one had answered. This time a face, a high forehead, came moonlike to the black copper screen...

Author: /time Magazine | Title: The Knock at the Door | 6/6/1994 | See Source »

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