Word: losinger
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The huge scale and complexity of Kerviel's fraud has strong echoes of Nick Leeson, a young rogue British trader in Singapore. Leeson bankrupted the 230-year-old Barings Bank in 1995, after losing $1.38 billion in fictitious trades on Asian futures markets, single-handedly wiping out Barings' cash reserves...
That's especially true in Newcastle right now. The fortunes of its once promising football club - its current standing halfway down the league was bad enough to earn Keegan's predecessor the boot - have fallen in tandem with those of another of the city's institutions: club sponsor Northern Rock...
Clinton, who has a slight lead in the two most recent polls, has long been the frontrunner in Nevada. Last month she led Obama by 27 percentage points in an American Research Group survey, though she began losing ground after she placed third in Iowa, and now only leads Obama...
The story of Yum Brands shows that in the global economy, it's not so much what you sell but how you sell it. Ten years ago, Colonel Sanders was losing the global fast-food war to the Golden Arches. PepsiCo had spread its restaurant division too thin, planting capital...
Yes. The low success rate of cloning may mean that many deformed animals suffer and die young. And the prospect of losing genetic diversity in certain species adds a little more food for thought.