Word: ire
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...hedge funds are back--and bigger than ever. You may recall George Soros' minting a $1 billion profit in one month on a bet against the British pound in 1992 and later spurring the ire of small nations, which feared his currency plays would hurt their economy. Then in 1998 major hedge player Long-Term Capital Management self-destructed, and because it had borrowed so heavily, its losses threatened the health of large banks around the globe...
...while the officiating drew the ire of a frustrated crowd—at one point, the Huskies were awarded three corners in a row—UConn simply made do with what they...
...been five years since the spirituality-seeking Madonna, dressed in a sari and adorned with a tilaka marking on her forehead, sang a self-composed Sanskrit song at the MTV awards before a backdrop of Hindu god images?simultaneously raising the West's awareness of Hinduism and incurring the ire of the religion's faith police. Things Indian have only gotten trendier since. But as Madonna discovered, cashing in on Hinduism can be a mixed blessing...
...boast on the campaign trail of the number of al Qaeda operatives arrested under your watch, the hard reality is that your deadly wars have been responsible for countless new terrorist factions, recruits and supporters. You have transformed the good will of the world following Sept. 11 into widespread ire and disgust...
Paying By The Rules The movement to clean up bad corporate behavior in the U.S. has finally run into a business backlash. The chief target of corporate ire is the Sarbanes-Oxley Act, a law passed in 2002 that imposed tough new rules for how public companies - including many European ones - report their numbers. New provisions of the law continue to kick in, which might explain some curiously timed events. (Does the outgoing CFO of Linux peddler Red Hat really want to spend more time with his family?) Partly because of the stringent law, fewer foreign firms are listing shares...