Word: risk
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Dates: during 1980-1989
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...longest jury trial in U.S. history -- a 44-month marathon -- finally ended last week in Belleville, Ill. The long-suffering twelve-member circuit court jury found Monsanto Co. guilty of failing to warn the town of Sturgeon, Mo., about the risk of a 1979 spill containing the toxic chemical dioxin. The jury ordered the chemical company to pay $16.2 million in damages, then left the courthouse to celebrate with Judge Richard Goldenhersh over margaritas and daiquiris at a nearby Mexican restaurant. Monsanto, meanwhile, announced that it will appeal...
...stocks on the index, open up a variety of opportunities. One of the most popular takes advantage of momentary differences between the price of a futures contract and of the stocks themselves. When this spread is sufficiently wide, a trader can lock in a profit at no risk by, say, buying the futures and selling the underlying stocks. This practice, called index arbitrage, has been blamed for the sharply increased volatility of the market, though the point has never been conclusively proved. Indeed, some experts believe index arbitrage actually reduces volatility by helping the market reverse course when it goes...
...selecting a child's sex, he contends, has "profound social implications." Advances in genetic screening that identifies whether the unborn individual will be subject to heart disease or cancer or schizophrenia raise a new round of issues. Would altering the defective genes in utero be ethically permissible, given the risk of unforeseen results for future generations? The moral dilemmas spawned by the high-tech world of biomedicine -- closer to salvation or Pandora's box? -- are sufficient to keep Callahan and his Hastings associates busy for a lifetime. A natural life-span, of course...
...learned in Vietnam, proportional response brings failure. Destroying oil platforms will not convince Iran to end its war with Iraq, to cease its attacks on shipping, or to stop its support of international terrorism. A radical, revolutionary regime that is indeed "stupid enough" to risk war with the United States, Iran only will respond by doing what it does best--escalation. And our undefined commitment in the Gulf will give us only one choice. That will be to follow, thereby passing on the initiative to Teheran...
Commissioner Peter Ueberroth has been frowning at the traditional champagne celebration of the victorious. The winner of this Series is warned to curb its winos or risk losing the liquor license forever. When pro football banned those unseemly scenes in 1973, a Miami tackle named Manny Fernandez was particularly indignant. He whined, "I don't drink champagne because it's too tough on my stomach, but I'd like to pour it on somebody," prompting Red Smith to mutter, "For barbarians like that, Dr Pepper's too good...