Word: instrumentalization
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...concentrated minds wondrously on an already lively domestic debate over what constitutes a due balance between individual and majority rights. Too bad Michael Fay has become a fulcrum for this discussion. Not only does he seem destined to be pummeled and immobilized by an instrument of ordeal, but the use of Singapore as a standard for judging any other society, let alone the cacophonous U.S., is fairly worthless...
...year-old son -- who, with his sister, was apparently receiving a lesson from Dad on how to fly the plane -- inexplicably may have disengaged the plane's autopilot, stalling the craft and sending it into a dive. In a desperate effort to stave off disaster, someone lunged for the instrument panel. Whoever it was very nearly succeeded; Flight 593 crashed with its nose slightly up and its wings level, indicating that seconds before impact, someone regained at least control...
...equity-link note. This one had 90% principal protection, plus equity upside in its European portfolio." The specimen is Jamie Greenwald, 30, managing director of global equity derivatives for Merrill Lynch. He reports, with satisfaction, that the Japan index "provides upside in the market in Japan in a domestic instrument, U.S. dollar-based, no currency risk, no downside risk: worst case you've got about a . . . ((pause)) . . . 2.34% yield. That was very applicable to pension funds, to insurance companies, to mutual funds...
Indeed, the bandoneon (an instrument similar to the accordion, but more challenging to play and used almost exclusively in tango music) is not an instrument with mass appeal, and Latin-American tango music...well, let's just say that it's not suprising that Piazzolla doesn't have the same sort of following that Prince...
Most Americans think of the Swatch as a trendy timepiece that was embraced by everyone from K Mart shoppers to the owners of SoHo galleries. But in its country of origin, Switzerland, the Swatch represents nothing less than an amazing instrument of industrial rejuvenation. Before it came along, the Japanese had more or less usurped the Swiss as the heavyweight champions of the watch business by substituting their cheap and reliable digital technology for Switzerland's legendary craftsmanship. The question now is whether that industrial formula can work for -- of all things -- automobiles...