Word: oversold
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...benefits of putting more people in college are also oversold. Part of the college wage premium is an illusion. People who go to college are, on average, smarter than people who don't. In an economy that increasingly rewards intelligence, you'd expect college grads to pull ahead of the pack even if their diplomas signified nothing but their smarts. College must make many students more productive workers. But at least some of the apparent value of a college degree, and maybe a lot of it, reflects the fact that employers can use it as a rough measure...
...Several bank stocks have doubled or tripled since the beginning of the month and many analysts say that these stocks were "oversold." In reality, when buyers moved into the shares short sellers were pushed out, which gave an irregular boost to buying. But, most of those short sellers are gone now and bank share prices will have to stand on their...
...cost thousands of Colombian lives in that era, and which stemmed largely from the drug lords' determination to erase extradition from the law books, has since been reined in. As for deterrence, even supporters of extradition acknowledge that fallen drug bosses are simply replaced by their ambitious underlings. "We oversold it," concedes Myles Frechette, who as U.S. ambassador in the 1990s pressured Colombian officials to reinstate extradition after it had been banned by the 1991 Constitution. (It would be restored by a constitutional amendment.) "We said we'd get the kingpins and that'll wrap up the whole organization...
...billion-strong consumer market with an economy growing at 7% a year even in a global recession. But investors have come to realize, as anyone who lives in India has, that the rising superpower once touted at the World Economic Forum in Davos, Switzerland, as "Incredible India" has been oversold. Some of its strengths, left unmanaged, turn into weaknesses. India's rapid urbanization, for example, is energizing its cities by bringing new aspirations and new consumers from rural to urban areas. But these migrants are also taxing the infrastructure. India might have more billionaires on the Forbes 400 than ever...
...words of front man Joe Strummer, "fanzine Sniffin' Glue wrote 'Punk Rock died the day the Clash signed to Columbia' [in 1977]." In reality, mainstream success didn't kill their principles: as the band recounts, when their week-long residency at Bond's Casino in New York City was oversold, they stayed on and played 17 shows until every ticket holder had seen them live. Filled with such details, the book erases any cynicism about the Clash's motivations, back then...