Word: dud
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...When I threatened to change the locks, she whacked me on the head with her handbag and warned, "I know people in this town, and you're going to end up at the bottom of the East River." She moved out the next day, but the investment remained a dud. After eight miserable years, we sold out at a loss...
...make Kerkorian one of GM's largest and most potentially nettlesome stockholders. Why GM, and why now? Just a couple of months ago, when a friend broached the idea, the billionaire brushed it off. "He said, 'They have a lot of problems,'" recalls Mason. GM stock has been a dud, and despite popping 18% after Tracinda announced its stake, the company received a major blow last week when Standard & Poor's downgraded GM's credit rating to junk (along with Ford's). "Kirk thinks it's a strong company, with strong cash flow and strong assets," says his lawyer Terry...
...threatened to change the locks, she whacked me on the head with her handbag and warned: "I know people in this town, and you're going to end up at the bottom of the East River." She moved out the next day, but the investment continued to be a dud: after eight miserable years, we sold out for a loss...
...great bet if you hold on to them long enough. As Faber says, "You may overpay on a short-term basis, but real estate in China makes sense in the long term." Of course, the same was true of New York. If we'd held on to that dud apartment for a few more years, it would now be worth about three times what we paid for it. In retrospect, buying it wasn't nearly as dumb as selling...
...comments, which are by definition not for publication in any form. Wiener says that he received an e-mail from James Lindgren, a Northwestern University law professor, headed “OFF THE RECORD, CONFIDENTIAL.” Wiener’s revelation turns out to be a dud: Lindgren’s e-mail contained only “lists of anti-Bellesiles academics who could be called for quotes, along with their contact information, and suggestions about how the story [on Arming America] should be written.” But Wiener’s brazen decision to flout...