Word: losers
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Derivatives, which are based on such real assets as stocks and bonds, work like most professional betting games. They have a zero-sum outcome, always producing a winner and a loser. The bettors put up their money, and the people who run the casino -- a bank, a brokerage house or an insurance company -- figure out ways to pass on the risks. Companies use derivatives to hedge against changes in interest rates, foreign-exchange rates and commodities prices. Mutual funds and pension funds use them to protect their stock and bond investments. Major banks, brokerage firms and insurance companies write them...
Drosos's three wins accounted for half of the Crimson's total victories, including both the winner's and loser's brackets of the 10 weight divisions...
...year continues, Mo and Curly meet new and different people. As March approaches, Mo decides that he really wants to live with some of his new friends but he doesn't want to live with Curly anymore. Although Curly is meeting new people as well (he's no loser), he still wants to live with...
...individuals and $5,975 for an average family. Lewin economist John Sheils estimates that 44% of Americans will pay more for coverage -- and that 14.6% will pay $1,000 more. "Under the Clinton plan," he says, "you're either a big winner or a big loser...
...wish I'd leave you alone, loser-face. The truth must be heard! Aliens are breeding in the John Harvard statue...