Word: placing
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Dates: during 2000-2009
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...culprit, of course, is the economy. A person who has lost a job is going to have a tougher time making the mortgage payment. On top of that, a lot of the moratoriums on foreclosures that lenders put into place while the Obama Administration figured out its loan-rewrite program no longer exist. The foreclosure movie was on pause for a while, but that's no longer the case...
...York City Abercrombie & Fitch store, whose neighbors include Prada and Gucci, a shirtless male model greets shoppers at the front and happily snaps pictures with the gawkers. Sales associates dance to hip-hop music in the aisles. There's not one "For Sale" sign in the whole four-story place. A pair of men's ripped jeans go for $90; women's jeans are $80; a hooded sweatshirt with the Abercrombie logo...
...Still, Hoffman is confident the industry can thrive - and he's put money on it. This fall, he plans to open a luxury tea shop in California that will be a gathering place for American aficionados and a showcase for his fine, aged Puers. "There is a lot of hype and marketing, but that doesn't interest me," he says. "I am only interested in taste." People have offered to buy his collection, but he's dismissed them in turn. He wouldn't trade it now, he says, not for all the tea in China...
...Wood hypothesizes that "changing circumstances may break habitual cues that favor old favorites and promote a more general 'change mindset' in the individual." You break up with your boring girlfriend, and suddenly you find that a lot of your old habits - Simpsons reruns after work, burritos from the same place every night, Sunday mornings in bed with the newspaper - feel too feeble for your emboldened new self. Or, as Wood writes - rather poetically for a marketing professor - "the familiar threads of everyday life stitch our habits into place." Unstitch the threads, and you undo the habits...
...Still, the Libyans have good reason for wanting to satisfy Western concerns. Ghaddafi badly wants to break out of the U.N. sanctions regime that has been in place since 1992. Modernizing his oil fields depends on access to Western technology currently denied him by sanctions. In fact, the only reason the Libyans handed over the two agents named in the Lockerbie indictment was the prospect of closing the matter and to allow the lifting of U.N. sanctions against Libya. Even then, it took eight years of coaxing by the Saudis and South Africa's then-president Nelson Mandela to persuade...