Word: dump
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Dates: during 1990-1999
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...dump lasted nearly four days, as urgent calls flew between Treasury and Tokyo's Finance Ministry. In close consultation with Federal Reserve Chairman Alan Greenspan, Rubin pushed Finance Minister Hikaru Matsunaga to deregulate his economy and jump-start it with permanent tax cuts. Especially important to Rubin was a Japanese pledge to abandon its so-called convoy system, whereby strong banks must support weaker ones no matter what their financial condition. Convoying has left the banking system as a whole with some $600 billion in bad debt. The question was what the Clinton Administration was prepared to do in exchange...
Doctors call it the brown-bag test. The idea is to have you dump the contents of your home medicine cabinet plus your favorite vitamins and over-the-counter remedies into a bag and bring it to their office so they can see just exactly which pills you're popping. The findings can be horrifying. You may discover that those little white tablets and the big blue gel caps you're swallowing are actually dangerous when taken together. The more prescription medicines you take, the greater the risk...
There are plenty of risks for investors in this brave new e-world. So-called boiler-room operators who tout highly speculative or fraudulent stocks in order to unload them at a profit--pump and dump in the parlance--can reach vast audiences through chat rooms and bulletin boards. The Securities and Exchange Commission has been flashing red lights, bringing--and winning--40 complaints alleging scams against stock promoters since 1996. (The rule here: if it sounds like too much of a good deal, it probably is. The agency has a cyberspace alert on its website: www.sec.gov...
Frequent traders can also miss out on juicy profits, as Ron Garrett, who buys and sells stock while shaving, has painfully discovered. Garrett, professor of engineering at Grand Valley State University in Michigan, bought computer maker Unisys for $5 a share some time ago, only to dump it a few months later when it failed to show a quick gain. "If I didn't have easy access [to trading] maybe I wouldn't have jumped so fast," Garrett says of his sale of Unisys, which closed last week at $23 a share...
...needed to do in order to find that meaningless someone to hook-up with, it was time to decide what, if any, passes we would buy. There was the $30 per person "Booze Cruise," which promised to get you as drunk as possible without inducing a coma and then dump you into the sea for some snorkeling. A friend who miraculously did not drown on this cruise later told me that there were no coral reefs where they had been taken to snorkel. I guess the event planners were hoping that people on the cruise would be too drunk...