Word: meatiest
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Dates: during 1930-1939
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When at last the Examiner comes on board to judge them, the audience settles back to relish the play's meatiest, juiciest moments. But they are also its weakest: the inquisitor is too whimsically conceived, vice is too glibly punished, virtue too sentimentally recompensed. Perhaps a better artist (though a less canny storyteller) would have rung down his curtain as his characters, in bewilderment and trepidation, reached the threshold of their eternal home. It takes at least a Dante to draw a convincing diagram of Hell...
This little ditty, no less than 60 years old, is one of the meatiest definitions of short-selling ever penned. Last week as trading in May grain contracts drew to a close on the Chicago Board of Trade, the economic profundity of the Gould definition was clearly demonstrated once again. Speculators had sold corn they did not own for delivery on the last trading day in May. Of course, the speculators hoped that in the meantime they could buy back the corn they had sold at lower prices. But instead of going down corn went up, up, up. By last...