Word: knockings
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...made a lot of money for financial-market participants in the upswing of the credit cycle are now proving to be opaque, hard to value accurately and potentially dangerous to both lenders and borrowers if their real worth has to be accounted for at short notice. There's a knock-on effect to disillusionment with these esoteric products: when investors must raise cash quickly, the more liquid and tradable assets tend to go first...
...scenes reminiscent of Britain's infamous trade of stolen gadgets in pubs, furtive traders today knock at the backdoor of upscale restaurants offering a new contraband: caviar. London's hordes of Russian oligarchs and hedge-fund yuppies have sent demand soaring for "black gold," with top varieties such as Beluga now selling for over $3,000 a kilo, whilst the rarest varieties, such as Almas ($50,000 per kilo), whose eggs are white, have a four-year waiting list. The soaring demand for sturgeon roe has created lucrative opportunities for "caviar cowboys," who sell illegally smuggled caviar to unscrupulous chefs...
...That's what thirsty Indians at the time thought, anyway. Recent archaeological studies of their discarded and supposedly Koan amphorae have concluded that those wines were imitations, produced in Italy and simply packaged to appear as if they were from Kos. Two thousand years before the spread of knock-off Rolexes and bootlegged DVDs, pirated merchandise was a global reality...
...tack, usually, is to patch people up as they get sick, rather than keeping them from falling ill to start. But no Band-Aid is sufficient to handle a lethal pandemic, which some experts say is inevitable - if not imminent. Whether it's bird flu or some other deadly knock-out germ that eventually sweeps through the country, scientists and public-health researchers are trying to prepare for it now to ensure that everyone has a better chance of survival...
...modification" in Bush's outlook, says Crist, which he hopes will be furthered by events like his global warming summit, which could help bolster Republican chances in electoral vote-rich Florida. "Like a good offensive line pushing down the field," says Crist, a former college football player, "eventually you knock down the door and you build consensus...