Word: dumps
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...Sure, there was debate - fervid, red-faced debate that sometimes came close to tears and blows - but those exchanges were consigned to hotel bars and fringe meetings. All arguments centered on a single issue: Can Prime Minister Gordon Brown win over increasingly fractious critics? Should Labour dump him in the hopes that a successor would rescue the party from its historic depths of unpopularity? Or would such an ouster unleash infighting that would shred what it was meant to save...
...problem with the Putnam fund, which was sold only to institutional investors (such as pensions funds and insurance companies), wasn't that it was losing value but rather that so much money was being withdrawn. The fund was going to be forced to dump a big block of its holdings, and flooding the market like that has the effect of driving down security prices - thereby driving down the value of the fund you want to keep at $1 per share. "The investors are almost as important as the investments here," says Peter Crane, money fund expert and CEO of Crane...
...bunk that firms like Lehman and Bear Stearns were serving upabout having adequate capital to cover losses on their unsellable inventories of CDOs? Perhaps you remember when Bear tried to take its pile of garbage, dress it up and dump it wholesale on the suckers in a public offering. That one got laughed off the market...
...Kicking through the dump turns up Panama banana crates and Sicilian oranges, boxes from made-in-Vietnam Nike sneakers, Dior perfume from France, and Glutatione and Metoclopramide medicines bottles from Milan. No sign of any Made in China products. Of course, just like the empty bread bag and twisted remains of a pink baby stroller, Liu Xiaodong's latest product was Made in Naples. And like most of his paintings, it will likely be sold in China...
...take cash tips home. You may get credit-card tips in a check a week later, or two weeks later, but cash, you take home. I always like a good mix of credit card and cash. If it's $1.75, just give me $2. Round it up. Don't dump your pennies on the table. That drives us bananas. You should ask for the check, and then pay within five minutes of receiving it. If you order takeout from a fancy restaurant, you should tip 10%. At a fancy place, it has to be packaged correctly, which actually takes more...