Word: mined
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...been making a lot of duct tape wallets,” David Rakoff says of his most recent pursuits. “For friends and family—it’s a hobby of mine, they don’t pay me to make them.”The sudden rash of adhesive-based accoutrements doesn’t constitute a new direction for the humorist and author so much as a means of putting off his next book. Rakoff and fellow humorist Sarah Vowell—both contributors to Chicago Public Radio?...
...swinging standards of Wall Street, Kerviel's salary amounted to chump change. And the fact that he wasn't eligible for dizzyingly huge bonuses is so alien to the average Wall Street trader that they're still trying to digest it. One, a college friend of mine who didn't study "trading" but English literature, and is now a multimillionaire, e-mailed me: "What is that, a French thing...
Among the more laughable aspects of the SocGen debacle is that, in its wake, the bank's top management has been sending out signals that it was the relatively mundane nature of Kerviel's work in "the mine" that led to the lax controls. The implication is that everything is just dandy on SocGen trading desks for vastly more complicated derivatives - including those based on worthless subprime mortgages, which are now crucifying bank balance sheets and roiling equity markets all over the world. Have no fear, folks: management is watching those like a hawk...
Though Manteris now shuns silly prop bets, it didn't take long to get a gambler like him excited about mine. Unfortunately, most of my ideas were illegal, since Vegas has been ruined by lots of laws and regulations over the past few years, none of which seem to have to do with restaurant prices. The law states that you can wager only on statistically verifiable sports events, thus eliminating my bet on whether the first cheerleader shown on television would be prettier than Tom Brady. My second plan, however, seemed promising. While I don't know anything about football...
...stop me from placing my bet. Because real gambling isn't about the odds; it's about the personal narrative you want to project?which, for me, is my need to root for the overeducated lite in everything. Except, of course, when Michael Kinsley's columns beat mine on the Time.com "most e-mailed" list. Don't make me write about the Oscars too, Mike...