Word: short-term
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They allegedly used a technique called stock parking, in which an investor sells shares temporarily to someone else to hide their real ownership from Government agencies like the Internal Revenue Service. In this case, Princeton/Newport was allegedly parking stocks at Drexel so that the New Jersey firm could claim short-term tax losses on the sale. The laws against racketeering, which involves repeated crimes carried out by a person or a business, have traditionally been used against the Mafia. Bringing racketeering charges against stock swindlers is an aggressive new tactic in the war on white-collar crime...
Today scientists have begun to shift the focus of research away from localized sources of pollution, like oil spills, which they now believe are manageable, short-term problems. Instead, they are concentrating on the less understood dynamics of chronic land-based pollution: the discharge of sewage and industrial waste and -- possibly an even greater menace -- the runoff from agricultural and urban areas...
...recruit workers outside their region. But often the chief obstacle to attracting new employees is the high cost of housing, so some potential employers have tried to compensate. An auto-parts division of Textron based in Dover, N.H., gives some of its new white-collar employees short-term "bridge" loans for housing at below-market interest rates. Last year the state's average home price was $136,000, nearly 60% higher than the U.S. median...
...problem, says the OTA study, is that most U.S. managers, under pressure to show short-term profits, adopt a wait-and-see attitude toward innovation. Meanwhile, their foreign competitors, backed by government support, seek out | commercial applications more aggressively. Some proposed solutions: more joint ventures among industrial companies and increased Government funding of commercial development...
...main reason undergraduates were barely affected by the market's decline is that the entry-level positions seniors will fill are low-paying, short-term jobs that companies can afford to keep offering, observers...