Word: preferreds
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...might be a lone idiot, insulated from reality like all those delirious academics that Lacaria loves to demonize, but I’d much prefer deciphering evidence like the above to his favorite mode of historical writing: namely, “if Homer said it, it must have been true of the nineteenth century, and it must be true...
...What's surprising about Trung is not his profit projections-just about everyone is giddy about Vietnamese investments these days-but where he's making his money. While the nation's fledgling official bourses in Hanoi and Ho Chi Minh City are surging, Trung and many other local punters prefer to invest where the action is even headier: he typically trades in an unsanctioned market composed of websites and Internet chat rooms frequented by thousands of investors who swap unlisted shares of partially privatized Vietnamese companies. Participants call this the over-the-counter (OTC) market, a reference to exchanges abroad...
...weekly caucus lunches that cement party fidelity in the Senate. Recently he was spotted in the Republican cloakroom talking with South Carolina's Lindsey Graham about reforming Social Security. He even says he might vote Republican for President in 2008, a not-so-veiled hint that he would prefer John McCain, his fellow true believer in the Iraq war, to most, perhaps all, Democratic alternatives...
...friend told me; she thinks it makes her look like her mommy. The girl beamed beneath her scarf, imagining herself quite grown-up. You can't really explain to a five-year-old that mommy wears hejab because it is mandatory, and that if given the choice, she would prefer otherwise...
...Having now turned 80, Martini is no longer eligible to vote in future conclaves. As for the now-Pope Benedict, his 80th birthday arrives in April. For the occasion, one wonders whether the pontiff would prefer from Martini another lively intellectual debate, or perhaps a permanent return to his bible studies in Jerusalem...