Word: dumping
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...during those hard years has made his giant insurance businesses, Geico and General Re, the envy of their industry. While other insurers have lost billions investing the premium payments they receive, Berkshire's insurance units have benefited from Buffett's deft hand. For example, he got General Re to dump all its stocks before Berkshire bought the company in December 1998, ahead of the market's collapse. Now Geico and General Re have deep enough pockets to ride out the insurance industry's famously volatile cycles and capture more business in the long term as struggling firms fall away. "Over...
...believed to have started when a mentally disturbed man lit a plastic container full of gasoline inside one of the carriages.) Incensed and suspicious about how quickly the site is being cleaned up, some victims' relatives last week intercepted bags of waste that were being sent to a dump. Inside, they found four human bones and 143 personal items, including identification cards, glasses, a hat and human hair...
...version of La Boheme, there's a better story of art-world devotion and backstabbing just across the river in Queens, N.Y. That's where the Museum of Modern Art is squeezed temporarily into a remodeled warehouse in a neighborhood where the sport-utility vehicle of choice is a dump truck. While its Manhattan headquarters is being reconstructed, MOMA is still managing to play host to the kind of exhibition that will bring hundreds of thousands of people to a place with no hot restaurant and no cabs. At a time when the museum blockbuster is threatened by high insurance...
...tram from a niche in the rock wall 100 ft. or so from the vehicle. He wore a hard hat and rubber boots, a radiation detector and a shoulder harness with a pair of joysticks that he manipulated through his heavy work gloves. The scoop tram looked like a dump truck with the cab lopped off. On solid-rubber tires 5 ft. high, it carried freshly mined ore in soccer-ball-size chunks to the "grizzly," the big grated dumping shaft, where the rocks begin their journey to the mill...
...Iraq's oil fields are much larger than Kuwait's; they are spread across an area the size of Rhode Island in northern Iraq and over a region in the south about the size of New Jersey. U.S. military experts estimate Saddam could also dump up to 3 million bbl. a day into the Persian Gulf, shutting down up to 15 desalinization plants around the littoral and despoiling the shores and wildlife for decades. Cleaning up after Saddam could cost close to $50 billion and severely handicap Iraq's postwar economic recovery--not to mention America...