Word: overnighter
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Dates: during 1990-1999
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...largest stockholder of Capital Cities/ABC, brokered the buyout and saw the 20 million shares that Berkshire had acquired for $345 million a decade ago surge to a value of $2.3 billion as a result of the deal. The merger raised the value of the investment by $400 million overnight...
...alternative is obvious," he says. "But is it the best thing to do? If you start a third party and do everything perfectly, you have started down a path that will probably take 10 years [to capture] the White House, the House and the Senate. Can't make it overnight. We don't have 10 years." Taming the deficit, overhauling Medicare, reforming the campaign-finance system are too urgent, he says, and "the most constructive thing for our country is to revitalize the two major parties...
...daily injections of a new hormone, however, the tubby rodents suddenly started consuming less food and burning more fat. They shed those excess ounces and trimmed 30% off their bloated size. Even better, their cholesterol readings fell, as did the high glucose levels that made them mildly diabetic. Virtually overnight, it seemed, the mice perked up, preening and prancing about their cages...
Serbia's President Slobodan Milosevic may dupe the international community, but the man who started the war cannot become a peacemaker overnight. Even if Milosevic is being honest about his new intentions of becoming a peace broker in the war, internal nationalist pressures, especially from the Serbian Orthodox Church, will eventually prevent any softening of his position. And just as Milosevic cannot change overnight, neither can genocide in Bosnia and Herzegovina and Croatia be remedied overnight. The inhuman wounds need time to heal. The solution to the region's problems requires, first and foremost, patience...
...than that boy scout of financial instruments, the municipal bond? What town has not floated an issue to build a road? What little old lady (or big mutual fund) has not heard an accountant extol "munis" as the most foolproof of investments? Lending to companies is risky: they fold overnight, leaving squabbling creditors. But municipalities don't disappear from the map; and knowing they will borrow more tomorrow, they will do anything -- even raise taxes-to avoid defaulting today...