Word: dollarized
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...rubber-shoe maker Crocs (down 96%, to $1.52), bookseller Borders (down 93%, to $0.71), home furnisher Pier 1 Imports (down 90%, to $0.51) and casual eatery Ruby Tuesday (down 86%, to $1.38). But there have been standouts too. Some are thrift-conscious companies that make for classic recession plays: Dollar Tree (up 61%, to $41.61), 99 Cents Only Stores (up 39%, to $11.05), Family Dollar (up 27%, to $24.51) and Wal-Mart (up 15%, to $54.63). Others, though, are less predictable, including shoe chain Finish Line (up 134%, to $5.66), teen clothier Hot Topic (up 33%, to $7.73), and sandwich...
...scam's namesake, he wasn't its original practitioner. According to Mitchell Zuckoff, a Ponzi biographer, the reigning king of the "rob Peter to pay Paul" scam was a New York grifter named William Miller, who bilked investors out of $1 million - nearly $25 million in today's dollars - in 1899. After drumming up interest by claiming to have an inside window into the way profitable companies operated, Miller - who earned the nickname "520 percent" due to the astonishing rate of return he promised investors over the course of a year - salted his scam by paying out the first...
...hope” and “change,” but also the year that “sub-prime mortgage” replaced “WMD” in the American lexicon. Recent history has been particularly depressing: Between Blagojevich and billion dollar bailouts, there has been little to be pleased about this past month. I still smile whenever I hear about the Somali pirates, but I have a feeling that even this may grow stale in the coming months...
...recent years, the impetus for alternative currencies in established economies has stemmed in part from localization movements. Periodically ditching the dollar (or the pound or the yen) in favor of homegrown currency doesn't merely fortify the local economy; it also builds community. People have a stake in their neighbor's well-being because that neighbor represents both market and supply chain. Some argue that such transactions are more secure than others because knowing the person you're dealing with, and his family and friends, serves as a kind of social collateral...
...Also, focusing only on big-budget games sold at high prices ignores the rest of the game market, which might be an even better value. Casual games often cost less than a dollar and are an expanding market on new platforms like the Apple iPhone. Power gamers are unlikely to cancel monthly subscriptions to persistent-world online games (like World of Warcraft), because the 60 or more hours many admit to playing each week makes the cost per hour infinitesimally small. Recently, “microtransaction” online games, which are free to play but charge players small amounts...