Word: crude
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Dates: during 2000-2009
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Animals have had it even worse. If prostheses existed at all, they have been comparatively crude things. Surgeons have had some success attaching artificial beaks to birds that veterinarians suspect were mutilated by fishermen who didn't want the animals competing for their catch. Dogs and cats with disabled hind legs are often strapped into little carts that let them get around using just their forelimbs. But those low-tech fixes had been more or less as far as it went...
However, few U.S. law enforcement agencies have the forensic tools at hand and criminals often exploit that advantage, stymieing investigators with simple if crude methods. Drug dealers, Mislan says, will buy throwaway phones, assign distinctive rings to customers or suppliers, and then destroy the screen, leading an arresting officer to believe the phone is broken or the phone's information is inaccessible. (Old-style forensics often means laboriously photographing cell phone screen after cell phone screen to record evidence...
...rarely has an investing verity been more important: information - solid, accurate information - is as good as gold. When market pundits and analysts prattle on these days about the "re-rating of risk" and the lack of "liquidity" in the markets, what they are really talking about are gauges, however crude, of ignorance - and of fear based on ignorance. In the unfolding financial story of the year - the bursting of the global economy's credit bubble - "the biggest problem is we don't know what we don't know," says Khiem Do, head of Asian Multi Asset investing at Barings Asset...
...Crude-oil prices are reaching record highs, though not for reasons of supply and demand or geopolitical risk, says Lynn Westfall of Tesoro Corp. Higher prices reflect the ebb and flow of money in financial markets. As stock and bond markets slide, hedge-fund managers pump money into commodities like oil. [This article contains a chart. Please see hardcopy of magazine...
...prices for crude have soared to record high levels...