Word: pyramid
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
News stories are written in a form called "inverted pyramid." This means that the most important information is presented in the first--or lead--paragraph, and the less pertinent a fact is, the lower it will be in the story...
CREDIT: [TMFONT 1 d #666666 d {Source: AP}]CAPTION: THE PAY PYRAMID...
Johnson described the new distribution requirement structure as a "pyramid...
...suits, Mavrodi called himself an entrepreneur -- the label covers a lot of ground in Moscow these days -- and recently appeared in a newspaper survey as the sixth richest man in the country. He launched the MMM fund in 1992 with 100,000 rubles, worth about $50 today. Like all pyramid-type schemes, his snowballing effort worked well for a time. Shares priced in February at 1,600 rubles (the equivalent then of $1) traded at 105,000 rubles two weeks ago. Mavrodi apparently was paying off old investors with money from new ones. Then the fund could no longer keep...
Which is the big, potentially fateful trouble. North Korea has been organized so tightly into a pyramid of power with Kim Il Sung at its apex that the possibility of a cataclysmic social implosion cannot be ruled out. Not that many years ago, Pyongyang still confidently spread the word that Kim's homeland was a paradise on earth and that South Korea was a brutally poor, miserable place under Uncle Sam's bootheel. "The game is finished," observed one South Korean official. Not only is the South's economy 14 times stronger than the North's, he pointed...