Word: papered
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Dates: during 1990-1999
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...that heat-producing devices had been deployed. Among those who made the denials was Danny Coulson, a senior official at the operations center in Washington at the time and founder of the FBI's hostage-rescue team (HRT). But shortly after once again denying the story to the Dallas paper, he heard that the Texas Rangers had taken a statement from an FBI employee saying that military rounds had indeed been deployed. Now retired, Coulson (whose book No Heroes: Inside the FBI's Secret Counter-Terror Force was co-authored by TIME's Elaine Shannon) made inquiries through his network...
Experts who follow this emerging business-to-business electronic-commerce market call it frictionless, because no faxes, phone calls or paper trails snake back and forth to clog the communications channel between buyer and seller. That is just one aspect of these new wholesale channels that has analysts salivating. B2B companies "are going to reshape the entire economy," says Charles Finnie of Volpe Brown Whelan & Co., an investment-banking firm based in San Francisco. "It's not unlikely that Mr. Greenspan will be sitting in front of Congress in the next couple of years saying one of the main reasons...
...building its own plant (which on average costs $1.3 billion and requires more than a year to complete), so the company focused on cutting the fat from the communications and ordering processes used with its overseas strategic partners. The system, says Marciel, was built on a complicated and arcane paper trail. Within a year of integrating B2B technology into that process, Adaptec reduced its operations by $2 million, saw a 40% reduction in its product-development time and trimmed its inventory levels...
...millions by managing the assets of small southern insurance companies. Gathering evidence won't be easy: Authorities were first alerted to Frankel's disappearance by firefighters summoned to his $3 million Greenwich home. There they found a burning file cabinet and two fireplaces filled with flaming documents. Frankel's paper trail, which included one note reading "launder money," also included personalized astrological charts answering such questions as: "Will I go to prison?" "Should I leave?" and "Will I be safe?" Default, as Shakespeare might have said, was in his stars...
Sounds like a scam, doesn't it? The same senior actually has a thesis due soon, but he won't be found doing much work on it. And he just got his first "C-" on a paper, but don't ask him if he cares...