Word: extention
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When a private-equity firm goes in and buys, say, a washing-machine company, it rarely does anything to improve the washing machines. Instead it concentrates on restructuring the company--selling off the dryer division, perhaps. Or it doesn't even get its hands dirty to this extent but just fiddles with the finances. I'm not knocking it. It seems to work. Shares in the company are suddenly worth double. But most of that increase in value has gone to the private-equity firm and its investors, not to the folks who have bought stocks in the ordinary...
...March 19 the Supreme Court heard the case of Joseph Frederick, an Alaska high school student who, during the 2002 Olympic torch relay, was suspended for displaying the marijuana-slang phrase BONG HITS 4 JESUS on a banner across the street from his school. The ruling should determine the extent of a school's control over messages displayed in a public setting. "I don't see what it disrupts," Justice David Souter said of the pro-cannabis banner. A ruling is expected by June...
...You’re not looking towards the student body as a whole.” The fundamental assumption within these groups seems to be that if two people are of the same race, they have a shared experience and a common bond, which may be true to some extent, but is also worth considering as we hope to move toward an increasingly egalitarian society...
...political inconvenience, a destroyer of stereotypes. He is probably best known as the fellow who lost 100 lbs. in a year, and made living well through exercise and good nutrition one of his signature issues as Governor. But the real significance of Huckabee--and, to a lesser extent, Brownback--is that he represents the introduction of a new constituency into the political process: "Second Commandment" Christians, those more interested in salvation than damnation, people like the California pastor Rick Warren, author of The Purpose Driven Life. Huckabee says, "Our church in Little Rock is very similar to Rick Warren...
...initiative, the organization is trying to respond to a threefold jump in RIAA warning notices sent to universities this academic year, according to an RIAA press release. “Many schools have turned a blind eye to piracy,” Berman said in his statement. The extent of Harvard’s enforcement currently involves forwarding RIAA warning notices to students that the organization has found illegally possessing copyrighted material, Levine said. As of this academic year, 44 notices have been sent to Harvard students, RIAA spokeswoman Jenni R. Engebretsen said yesterday. The RIAA also sends pre-litigation...