Word: meannesses
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Dates: during 1980-1989
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...roughly defined in court cases as the illicit profiting from information about private corporate behavior before that knowledge has reached the public domain. It has been compared to playing poker with marked cards. But deciding when the cards have been improperly marked -- and, above all, proving it -- is no mean feat, since rumor, innuendo and split-second inference are the stuff of ordinary stock trading...
Flutie is starting to feel like a Bear. "I was never a Chicago fan. I mean, I didn't even know all the names. I knew Walter Payton's, of course. But I had to be introduced to (Defensive End) Dan Hampton." For turning the wrong way on a hand-off and missing an open receiver in the end zone, Flutie was toasted by his teammates with choke signs all around. But the spirit was amazingly warm. "When I first came into the huddle, everyone's head kind of popped up, and they all smiled as if to say, 'Here...
Arbitrage used to mean the practice of profiting from the difference between the buying and selling price of stocks. But in the last several years a much more glamorous and speculative form has emerged, known as "risk arbitrage." Stock is still bought and sold, but the trend is to concentrate on companies undergoing some sort of restructing--for example, a merger or acquisition. In essence, it is a short term, high risk gamble that change will occur and hence influence the price of stock...
Ivan faces a felony charge too, but it can only burden him with five years in jail. Does more money mean a lighter sentence? More likely, Ivan continued his dealings, "knocking the domino over" on someone else as of yet unannounced...
There are, of course, fallback justifications touted for having the concentration at Harvard. Proponents argue that six other Ivy League institutions have Women's Studies programs. But many more institutions have undergraduate programs in business and occupational therapy. Does that mean Harvard should follow suit? How many other schools have a Core Curriculum? Does that mean Harvard should disband its own core...