Word: dollarize
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Dates: during 2000-2009
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...while the allegations in the suit certainly meet Swaggart-quality standards of salaciousness, the causes of the university's fall may owe more to mismanagement than greed or negligence, suggests John Schmalzbauer, an expert in Christian higher education at Missouri State University. Unless some party siphoned off "massive multimillion-dollar diversion of funds over 25 years," he says, "I think the causes must be deeper and more structural...
...know you’re doing big things when meager American currency, with its virtually worthless hundred-dollar bill, is too small for you. Just look at the newly re-ghettofied Jay-Z. The video for his “Blue Magic,” the first single off his upcoming album, juxtaposes the gritty streets of Harlem against a plush world more akin to Jigga’s own, replete with champagne bottles, Rolls Royces, 500-Euro banknotes, and yes, even some bling! More prominent than the bling and the foreign currency is the crack. Not to say there?...
...little for the Rockies, who tried to compensate by loading up on sluggers and pitchers. One colossal mistake: signing two gimpy pitchers in 2000 for $172 million. Come 2002, the Monforts were in trouble. Rumors of bankruptcy or a fire sale abounded amid a multimillion-dollar cash call from the other partners...
...sector can wring plenty of cash out of toll roads by essentially behaving like the private sector and charging market rates for usage. The express lanes of State Road 91 in Southern California, for example, carry some of the highest tolls in the nation--at peak hours, nearly a dollar a mile--which may annoy drivers but help pay for the state's transportation needs. The Pennsylvania Turnpike commission has produced a plan to raise turnpike tolls and attach tolls to other roads in the state...
...funeral. The governor’s office could not be reached for comment last night, but Kyle Sullivan, Patrick’s spokesman, told the Globe last Thursday that Patrick took the issue “very seriously,” and has devoted millions of dollars to crime prevention programs. Lockridge-Steckel said that Patrick’s $15 million statewide anti-crime plan, which he unveiled last May, was not an adequate response to the problem. Referring to a billion-dollar, 10-year biotech spending plan that Patrick also introduced in May, she said a long-term plan...