Word: grained
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...Congressmen are proposing that the Chicago futures markets be put under the authority of the Securities and Exchange Commission, which controls the stock markets. At the moment, the futures trading pits are supervised by the Commodity Futures Trading Commission, which also regulates such mundane commodities as pork bellies and grain futures. Congressman Markey calls the gap between the two agencies a "regulatory black hole." The Mercantile Exchange argues that the C.F.T.C.'s performance has been perfectly satisfactory. Says Merton Miller, finance professor at the University of Chicago: "Competition can be good, even when it's competition among regulators...
Approximately 10 times a year, Widener and 30 other libraries receive crateloads of Indian books from the headquarters of the Library of Congress. The books are purchased by a government fund which dates to the early 1960s, and a time when America shipped grain to India; Harvard pays only for the delivery...
...book exchange program began in 1961, whenthe Library of Congress established an office inNew Delhi to spend monies received from India forAmerican grain. The United States devised the bookpurchasing scheme as one way of spending grainpayments, totaling billions of ruppees, which areworthless in America...
Kenet said the mystery is enhanced because it is difficult to do a documentary about a person who has been dead for 10 years. "You have to rely on other people's memories of him and these memories can only be taken with a large grain of salt," said Kenet...
Brown QB Donovan's first down pass to wide-open Tom Smith was incomplete. On third and eight, tailback Kirk Little took a delayed handoff from Donovann and cut back across the grain to the Crimson 11, keeping the drive alive with a first down...