Word: genteelness
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...lots of money on the junk-bond market built by financier Michael Milken and used it to finance takeovers - sometimes hostile ones - of struggling corporations. During the recession of the early 1990s, the LBO business faltered, and many predicted its demise. But buyout funds re-emerged under the more genteel moniker private equity, eschewed hostile takeovers, reliably outperformed the S&P 500 and grew to be a far bigger force than they ever were in the 1980s. From 2005 through mid-2007, PE firms - loaded with cash from pension funds, college endowments and sovereign wealth funds, and able to borrow...
...what one is used to in the West. In the U.S. and Europe, we have prettified our rivers, turning city waterfronts into places where genteel folk ride their bikes or snack in the open air. But in Asia - not just in Shanghai, but along the Chao Phraya in Bangkok, or in Hong Kong's harbor - waterways are not pretty at all. They are busy places of work and commerce, the arteries of trade, that age-old process of exchange that, more than anything else, has lifted millions of Asians out of poverty in two generations. (See pictures of China...
...more genteel days, Harvard’s curriculum was nearly all required; the readings and teaching proposed to the youth a broad view of all that was thought beautiful and good for the gentleman. Modern fancies, however, have overwhelmingly favored the eviternal proliferation of options, whittling down the common texts for every entering class to the contents of one slim pamphlet, “Community Conversations...
...Amid such genteel disagreements, there was one point of unanimity: the economic crisis will have profound political repercussions on both sides of the Atlantic, but it's hard to anticipate exactly what these will be. Certainly it's unclear whether voters in either country will take revenge on incumbent parties for their part in the mess or will shy away from younger challengers, preferring to put their trust in political veterans. It's the second scenario that Ed Cox, who heads up McCain's campaign in New York, told delegates in Birmingham he expects will give his candidate the edge...
...missile launchers and shock troops that surround Beijing's Bird's Nest, security has been stiff at Hong Kong's Shatin complex. A tight knot of privately contracted guards have staked out the venue for the 2008 Olympics' equestrian events, as spectators watch horses undergo "dressage" and other genteel equine pastimes...