Word: lure
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...years. All we knew was that my wife's entire family had been in the fund for decades and lived well on the returns, which ranged from 15% to 22%. It was all very secretive and tough to get into, which, looking back, was a brilliant strategy to lure suckers. Unlike the usual Ponzi mechanics, the fund even stopped investments into accounts a few years back, at least in our network. There were the usual warnings prior to investing - we all knew it was a risk, we were told to make sure we were diversified, blah-blah...
...strategies: "Madoff's investors rave about his performance - even though they don't understand how he does it," wrote Barron's Erin Arvedlund, who quoted a "very satisfied investor" as conceding, "Even knowledgeable people can't really tell you what he's doing." But for investors pocketing windfalls, the lure of easy money outstripped suspicions raised by Madoff's shroud of secrecy. When that shroud was lifted, however, Madoff's investment fund stood revealed as a classic Ponzi scheme: a con game in which the illusion of solvency was created by paying off early investors with capital raised from later...
...famously deliberative body, where the filibuster power ensures that it takes approximately 60 votes to get just about anything done, the Democrats' majority of 50 means they must lure at least 10 Republicans across the aisle on most bills. This hurdle is even steeper in the current lame-duck Congress, given Barack Obama's resignation and the pending exits of both Joe Biden and Hillary Clinton (though sources say that in extreme circumstances, Biden and Clinton might consider returning for a vote). Add to that some Democratic defections, such as Montana Senator Max Baucus, who has declared his opposition...
...college: students should emerge from Harvard feeling as if they’ve learned something vaguely cohesive—not just having completed the required classes. And while it is the responsibility of individuals to have agency over their own work, a department can do a great deal to lure concentrators and shape scholars when it provides excellent guidance.The English department is a model for introspection and constructive criticism at this point, and it would do well to consider student input moving into the future. For example, introductory courses like English 10a and 10b are still valuable—even...
Retailers rolled out a variety of promotions and discounts with mixed results last Friday in an effort to lure recession-weary consumers into Harvard Square stores, hoping that the unofficial start of the holiday shopping season might boost revenues battered in recent months by a tumbling economy. Expecting the worst, Cambridge business owners said they were pleasantly surprised at the number of shoppers on Friday. One early report suggested that national sales had increased only 3 percent from last year, and all local business owners acknowledged feeling the effects of the slowing economy. At the Adidas Store on Mass...