Word: shorted
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...competitive and entertainingly playful. He chases artists signed to other music companies with fervor, personally persuading the Rolling Stones to switch over from rival record company EMI two years ago. And once he's wooed acts, he can keep them on board - no small achievement in an industry not short of ego. When he was honored at London's Grosvenor Hotel with a Music Industry Trust Award in November 2008, he was feted by some of the biggest names in the business. Bono and the rest of U2 presented the award, Take That performed, and Benny Andersson and Bjorn Ulvaeus...
...slump seen Monday - in a volatile day of trading, sterling eventually closed 1.7% down on the dollar - an actual hung parliament might be expected to cause the venerable currency to collapse. And while it's true that speculators are adding to the pressure on sterling - the value of short positions on the pound rose to more than $6 billion in the week prior to Feb. 23 - they remain "the froth at the top," insists Simon Derrick, head of currency research at Bank of New York Mellon in London. (See pictures of London...
...disasters, but there are varying degrees of slow. The Lusitania slipped below the waves a scant 18 min. after the German torpedo hit it. The Titanic stayed afloat for 2 hr. 40 min. - and human behavior differed accordingly. On the Lusitania, the authors of the new paper wrote, "the short-run flight impulse dominated behavior. On the slowly sinking Titanic, there was time for socially determined behavioral patterns to reemerge...
Precisely how long it takes before decorum reappears is impossible to say, but simple biology would put it somewhere between the 18-min. and 2-hr. 40-min. windows that the two ships were accorded. "Biologically, fight-or-flight behavior has two distinct stages," the researchers wrote. "The short-term response [is] a surge in adrenaline production. This response is limited to a few minutes, because adrenaline degrades rapidly. Only after returning to homeostasis do the higher-order brain functions of the neocortex begin to override instinctual responses...
Pakistani military officers, politicians and diplomats say that Islamabad has a short window of opportunity to improve the lives of the frontier tribesmen. Otherwise, they will turn angrily against Islamabad and wave in the Taliban and al-Qaeda fighters who are now scattered in the mountains. "We need to bring in reforms swiftly," says Shah...