Word: riche
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...hard not to root for a guy--even a filthy-rich guy--who loses his dream job by standing up for a colleague's wife. But veteran banking analyst Richard Bove of the brokerage firm Punk Ziegel says Dimon owed his big quarter to a billion dollars in onetime gains. "Apart from that, JPMorgan's results are just as bad as everybody else's," he says. He has similar concerns about Goldman Sachs. Bove's verdict: We're in the midst of a "systemic debt crisis" from which no one can emerge unscathed...
...Wenonah Canoe, one of the largest canoe and kayak makers in the country, kayak sales outpaced those of canoes four years ago, according to president Rich Enochs. While canoes typically seat two people and are harder to steer, most kayaks are built for one, and after a 30-minute lesson, even novices can go faster than they could in a canoe. New activities like kayak fishing, in which fishers explore narrow creeks and waterways in specialized boats with more legroom, have helped boost sales. And Wenonah's Current Designs line features smaller vessels that are easier for shorter adults...
DEFINITION tri-kul up n. The redistribution of wealth from low-income Americans to those who are already rich...
USAGE The phrase was coined to mock the economic inequality that some say started with Ronald Reagan's "trickle down" theory. But this is, at best, an imprecise analogy, because money isn't flowing from poor people's pockets straight to the rich: the pie is getting bigger for everyone. From 2000 to 2005, pretax income for the bottom half grew 15.5%. The rich just got a larger cut of overall growth (a 19% gain for the richest 1%). Perhaps better, then, to call it the big-slice theory...
...nice that gays finally got a major character in the sci-fi/fantasy universe. Until now, we had been shut out of the major franchises. J.R.R. Tolkien wrote a rich supply of homoeroticism into The Lord of the Rings--all those men and hobbits and elves singing to one another during long, womanless quests. The books and their film versions feature tender scenes between Frodo and Samwise. But in the end, Sam marries Rosie and fathers 13 children. Thirteen! Got something to prove, hobbit...