Word: outbidding
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...thinking "at least $600 billion to $1 trillion," which is pretty big. Paul Krugman, another Nobel economist, says there is an "intense debate" over how big the stimulus should be. Krugman doesn't offer a number, but he makes it clear that he is not going to be outbid...
...earned at Johns Hopkins. ''Malone has three priorities in life,'' says Bill Daniels, an investment banker who specializes in cable-TV properties. ''His family, his business and his sailboat. That's it.'' Malone's brilliance and belligerence have become the stuff of legend. In 1991, for example, Malone was outbid by a rival in his attempt to acquire the Learning Channel. His response: TCI began dropping the Learning Channel from its local cable systems. The tactic killed his rival's deal, and TCI's 49%- owned Discovery Channel later purchased the Learning Channel at a steep discount. Malone is also...
...While putting such treasures under the hammer means they could end up outside China again, these days it's hard to outbid the Chinese. In 2000, the bronzes were acquired by China Poly Group, an arms maker linked to the People's Liberation Army, which bought them along with a vase for $4 million. Those purchases helped spur patriotic interest in cultural artifacts among wealthy Chinese, who began bidding in auctions in New York City and London as well as Hong Kong. In 2003, mainland tire manufacturer Lu Hanzhen paid $1.5 million for a Qing vase, while Ho bought another...
...Organization, which works in St. George to salvage the young lives shattered by the FLDS culture, Shapley is a public glimpse of what she sees as the "dirty little secret" of the booming town of St. George - the use of child labor, dubbed "mission work" by the FLDS, to outbid competing construction companies. Tyler worries that the number of "kids from the creek" is reaching critical mass. The expulsions and runaways continue. "They are living someone else's madness," Jensen said...
...Mesa, the downturn has allowed Amy and John Tuttle to finally buy a house. "We tried to buy homes a few years ago, but the homes were too expensive," says Amy, 31, a clinical psychologist. "We put three bids on three different houses, and I think we were simply outbid." In August they closed on a recently foreclosed house priced at $405,000--less than they had been willing to pay three years...