Word: fairness
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Dates: during 1990-1999
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...royalty payments have become a campaign issue. The company has denied any illegal behavior and notes that as one of Indonesia largest taxpayers, "it would be unusual if [we] did not maintain a close business relationship with the government of Indonesia and its officials, including then President Suharto." Fair enough, but in April, Standard & Poor's lowered its rating on $3.3 billion worth of Freeport debt and preferred stock, citing the firm's ties to Suharto and the possibility it could face "retribution [and] reprisals...
...debut on Comedy Central June 16 (10:30 p.m. E.T.). Clearly influenced by the get-a-babe-and-grab-the-largest-brew clubbiness proffered in the men's magazines, the two shows have hosts almost interchangeable in their ordinariness, sets that look like a freshman lounge, and a fair amount of Fred Flintstone-ish whining about the demandingness of women...
There is only one problem. The whole existence of a fair market in which to raise and invest capital depends on ample liquidity and equal access to information for all. Right now, the hours between 9:30 a.m. and 4 p.m. E.T. present the most honest, open and, yes, perfect market in the world. That's when the institutions know they can handle high volume and be assured of the best executions, the cherished "market order...
Just extending the hours, however, won't make it fair. Only the coming together of billions of dollars in institutional money makes a market work efficiently and properly. And that can only be assured to happen between 9:30 and 4. That's why you should fear coming to the badlands. The professional sharpshooters are always looking for some fresh after-hours blood. They await your arrival--the sooner the better. Don't say I didn't warn...
...British trip-hop group Faithless. When Dido initially decided to pursue a musical career, Rollo warned her against it. "He basically said, 'Look, there are a million better singers than you in the world,'" says Dido. "He never saw it because he's my brother--and that's fair enough. He's sort of come round to the idea, and of course now he's passionately behind...