Word: idea
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...idea that Citigroup has paid back its [Troubled Asset Relief Program] money is a charade orchestrated by the government to allow an insolvent bank to pay big bonuses," says Christopher Whalen, who follows Citi and other banks at Institutional Risk Analytics. "It's a scandal...
...consumer is very, very fearful - they have no idea where the bottom of this market is and they're very concerned that if they buy a piece of real estate now, that two or three years from now they'll see further significant erosion in the value of their property," says Andrew Herzberg, co-founder of Sirius Value Protection LLC, a closely-held company based in New York...
Until recently, however, marine scientists dismissed the idea of rogue waves as little more than a sailors' fantasy, with reason - there was little evidence to back it up. But in 1995, an oil rig in the North Sea recorded an 84-ft.-high (25.6 m) wave that appeared out of nowhere, and in 2000, a British oceanographic vessel recorded a 95-ft.-high (29 m) wave off the coast of Scotland. In 2004, scientists from the European Space Agency (ESA), as part of the MaxWave project, used satellite data to show that freak waves higher than 10 stories were rare...
Beyond the risk to the bikers, drivers sharing the road with the daredevils are also in peril, law-enforcement officials say. Drivers can change lanes having no idea that a racing bike is about to appear - and tragedy can easily strike. At first, the buzzing of an approaching high-speed motorcycle sounds like a gnat near your ear, then it suddenly becomes loud and threatening. Segui remembers a woman who heard that noise and jerked her steering wheel in the opposite direction, jumping a curb and crashing...
Quietly, U.S. diplomats, aid workers and military trainers have been working in the frontier tribal areas with the army and whatever brave tribal maliks they can find. The idea, say Pakistani military officials, is to identify fast projects - small dams or marble quarries, for example - and get them built and working under the protection of those tribes that will benefit directly. Only this way, say officials, can the tribes turn away from the militant-run enterprises - banditry and running guns and drugs - that earn them money...