Word: scoopful
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Throughout the week, name-brand stocks like Citicorp and J.P. Morgan--stocks that usually trade in eighths and quarters--dropped in two- and three-point gulps. I tried to scoop up some Chase bank shares at $47, only to be told I had bought it at $45--seemingly good news, but the stock was at $44 by the time I got confirmation of the trade. Sure, some of the lack of liquidity might stem from the large number of traders still vacationing, but most of it came from fear--fear that if the sellers didn't act fast, someone would...
...could hope that perhaps he would stand down a bit, not provoke a constitutional crisis, focus on the most relevant questions about obstruction of justice and subornation of perjury and not press the graphic sexual material too far. White House aides were quietly drawing reporters' attention to a hot scoop: "You know, the story no one has written..." The White House, they said, was backing off on Starr, hadn't attacked him for weeks. And of course, if none of that worked, if Starr came in with guns blazing, as every bit of his conduct to date suggested he would...
...crossed the minds of many legal experts as well. In an era when tabloids compete for scoops with their checkbooks, telling all to a tabloid is usually a surefire credibility killer. The O.J. Simpson prosecutors, for example, had to strike at least one promising witness who was discovered to have taken money from a tabloid TV show. In the Cosby case, however, the Enquirer did more than just buy a scoop; it offered a reward for information leading to a conviction. "The key concern is that people may fabricate evidence to collect rewards. Then innocent people can be convicted," warns...
What to do? One road led through cable guy John Malone, the deal-happy boss of Tele-Communications, Inc. What better way for AT&T to provide local calling--plus a full package of communications and entertainment services--than to scoop up TCI, the second-largest U.S. cable operator after Time Warner? Never mind that the final price of $31.5 billion in AT&T stock was a lofty $8.5 billion premium over TCI's market value. Or that Malone's cable-TV wires, which run through neighborhoods with 33 million homes (about a third of all U.S. households), were mostly...
Fish tanks can be mesmerizing, but who wants to scrape algae or scoop out floaters? NEC's Fish Club ($17,000) replaces all that mess with lifelike images of tropical swimmers displayed on a 32-in. screen behind a real, bubbling tank. Laser discs provide a choice of fish...