Word: loses
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Dates: during 1990-1999
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About 25 students carried signs with slogans reading "No dice throw," "If you choose, we lose," "Don't test chaos theory on us" and "82% can't be ignored...
Between speakers, the crowd chantedcatch-phrases such as "We won't lose our right tochoose" and "Hey, Dean Jewett, you'd better not doit...
...tight votes split the council nearly evenly, with some council members voicing health concerns and others warning that city restaurants would lose the business of patrons who smoke if a tough measure were passed...
...takeout from cartons. Wall Street has a lot of tradition, just like baseball used to, before they canceled the season. One of the longest-standing traditions is that if you make money for the firm, you get to keep a huge chunk of the profits yourself, but if you lose money for the firm, the firm covers the losses. For instance, Salomon Brothers lost $399 million last year, the banking version of finishing in the cellar, yet not a single banker or trader offered to help Salomon by reaching into his or her own pocket, which had been stuffed with...
Here's a difference between baseball and Wall Street. Most baseball teams are owned by rich guys like Buffett, and who cares if they lose money? But Buffett is hardly the only owner at Salomon. Since Salomon is a public company, anybody can own a piece of it, and unfortunately a lot of people do. It's been a lousy stock for many years, and one reason is that the top players have siphoned off the profits. It used to be that all the major investment banks were private partnerships a la Goldman Sachs, but others besides Salomon (such...