Word: fax
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...also being responsible for settling his trades. At most banks the two jobs are split because allowing a trader to settle his own deals makes it simpler for him to hide the risks he is taking-or the money he is losing. As early as March 1992, an internal fax warned that "we are in danger of setting up a structure which will prove disastrous, in which we could succeed in losing either a lot of money, client goodwill or both." But an internal audit from August obtained by the Financial Times last week concluded that though Leeson...
...Quad do so because of what they perceive as better facilities, namely the frozen yogurt machine in Currier. "The Quad is new and spacious and not kind of old and scary like the River houses," said Chris J. Nicholson '97, an advocate of Cabot House's new public access FAX and other "friendly and expansive" facilities. "We're close to the Q-RAC; that's a super-bonus...and we have tennis courts...
...Electronic services]," Riley said, "willinclude fax services, e-mail services, perhapscopying machines. There's going to be an ATMmachine on-site...
...Spotlight paintings are fully executed portraits, they are usually commissioned on a crash basis. The process begins Wednesday morning, when Smith meets with editors to choose the week's subject, then turns to his Rolodex of 160 artists. He and the selected artist exchange sketches and notes via fax, and by 5 o'clock Friday afternoon a finished work of art has arrived in his office, usually by messenger or express delivery...
While the total volume of mail delivered by the post office has actually risen 5% since 1988, business-to-business mail during that same period dropped an alarming 33%. Most of that, the post office acknowledges, has been lost to fax machines, E-mail and electronic funds transfers. Among the many reasons: E-mail sent via the Internet arrives instantly, provided it is addressed correctly, while the post office is lucky to deliver 80% of first- class letters within three days -- an average that has caused the netheads of cyberspace to dub it ``snail mail.'' Moreover, one never reads about...