Word: punch
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Dates: during 2000-2009
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...over the world, hedgies like Tse are taking it on the chin, victims of the global financial crisis and the one-two punch of poor returns and unhappy investors. After nearly doubling in size since 2002, to around 8,000 total funds last year, the industry is on the brink of a brutal contraction as customers - rich investors, university endowments and pensions funds that make up the bulk of hedge funds' clientele - rush to withdraw their investments. Some analysts predict that a quarter of all hedge funds could fold by the end of the year. Stephen Brown, an economist...
...everything “will be the same.” The new ID cards have two stripes, an antenna, and an embedded chip inside. “They have all the best card technology in them,” Martin said. Students will ruin the chip if they punch a hole in their card to attach it to a key chain. Bonnie Kimball, a swiper in Leverett House, said that she has been telling students about this chip and so far hasn’t noticed any holes in cards...
...excited students packed into a dormitory lounge on the Drake University campus in Iowa to watch election results roll in on CNN, nibbling on red, white and blue food (red salsa, graham crackers with white frosting and blue - O.K., technically purple - grapes) and drank red and blue Hawaiian punch. "It's just so inspiring to have this as your first election. It's exciting and humbling," says Hope Ashley, 19, who voted early in her bellwether home state of Missouri...
...Florida, for example, some of the new optical-scan machines, which replaced the hanging-chad punch machines of eight years ago, broke down, forcing election officials in several counties to place hand-marked ballots in the lockboxes attached to the non-functioning machines. When the lockboxes became full, officials had to stuff ballots into duffel bags or stack them on the floor. "Not the most secure place," said Jon Greenbaum, Election Protection's top lawyer...
...fifteen states that had adopted the device since its mass production in 1892 had returned them by 1929, calling them too complicated, too expensive and too difficult to keep in working order. In the early 1960s, University of California at Berkley professor Joseph Harris suggested applying to ballots the punch-card method used by early computers - setting the stage for the hanging chad controversy of the 2000 elections. The '60s also saw the introduction of the optical-scan ballot, which borrowed IBM technology traditionally used to score standardized tests like...