Word: shaving
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...market's initial response to the company's innovative attempt to shave its debt was to run for cover. In just a week, Time Warner shares dropped 25 points, to under $95. "They're calling upon the shareholders to buck up and pay down the company's debt," griped Michael Kupinski, a communications- industry analyst. "Why take the risk? You're not going to know what you have to pay until afterward." Others appeared to disagree, including Gordon Crawford, a money manager at the Los Angeles-based institutional holder Capital Group, which owns 12% of Time Warner's stock...
Even if the measure to reduce salaries is approved, it will shave only $36,000 off the budget--barely a dent in the current Massachusetts deficit of approximately $850 million...
...Nelson suggested that toy companies should produce educational new female dolls. Girls could learn how to shave and wax their armpits, legs and groin areas by playing with "Hairy Henrietta." They could learn about their period from "Menstruating Maggie...
...Pentagon a gulf-crisis bonus. The budget that was approved last week cut only $18 billion in defense appropriations, vs. the $24 billion favored by the House as recently as September. Still, the $288 billion funding represents an 8.5% drop from the last fiscal year's spending and may shave 25% from projected defense outlays over the next five years...
Alternative Religion. Join the Hare Krishna movement. To fit in, you need only a pink rayon robe and a long shock of hair on the back of your head, which is not a problem with my baldness pattern. They shave the rest of your head and everyone's happy. A bonus is the swell performance opportunities in front of the Coop on Saturday nights (I want the tambourine) and the "delicious 10-course vegetarian feasts" advertised on the little leaflets they hand...