Word: quirk
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Dates: during 1980-1989
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Basically, Drysdale's traders, headed by President Richard Taaffe and Chairman David Heuwetter, used an accounting quirk in the way Treasury securities are valued in so-called repurchase deals. These are short-term transactions in which a bank or brokerage house raises cash by selling a Treasury security to another dealer on a promise to buy it back when the deal expires. Since typical repos last for only a few days, traders normally do not take account of the accrued interest on a bond, bill or note when valuing it in the transaction. Instead, when the interest is paid...
...discouraging that the organization of the referendum was, by default, left to essentially one student: Constitutional Convention Chairman Leonard T. Mendonca '83. Because of multiple concerns of the referendum which Mendonca had to plan and coordinate with the Faculty, it is more understandable that the election had a quirk. Even more amazing is the rapid ascendancy of L. Gerome Smith '84 to a position of leadership. After collecting about 100 signatures at a couple of meals. Smith complained to Dean of Students Archie C. Epps III about the confusion stemming from the lack of publicity concerning the turnout opponent...
Hank Ross had another idea that everyone hoped would give the game a last, irresistible quirk of personality. This is known in the business as "the tweak. He proposed having Bally's enormously popular Pac Man, a dot-gobbling yellow disc, help the player by eating balloons on the clown's head. And so it came to pass, and a sneak preview was held at a local arcade. The results, after all of this R. & D., were disastrous. The game, renamed Kick, took too long to play, and thus took in too few quarters. To remedy this, the rate...
...game cartridges. Graphics seem perfunctory, and the games generally are too shallow to interest adults. Dynasty, a promising maze puzzle based on the Chinese game Go, is too easy to be interesting. Cryptologic is a not-very-mystifying letter substitution code. Alien Invaders?Plus shows one imaginative quirk, a tiny figure that flees in terror when its fortress is destroyed, but otherwise is an uninspired copy of Space Invaders...
Some scientists believe that the current flurry of cheating cases is nothing more than what they call an anomaly, a random quirk in the regular flow of events. But as canny researchers have long known, anomalies are often the first clue to some deeper discovery. For that reason alone, it may well be in the scientific community's interests to look more closely at the recent examples of ethical lapses...