Word: spectacular
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Dates: during 2000-2009
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Since Bernard Madoff's arrest last month, the Securities and Exchange Commission (SEC) has busted three new Ponzi scams, though none are as spectacular as Madoff's $50 billion whopper. (See pictures of Madoff's demise...
Appetite for Self-Destruction: The Spectacular Crash of the Record Industry in the Digital Age Steve Knopper Free Pressr; 301 pages...
...than a poke at a handful of bad films. "For these movies to fail at this level, with these sorts of budgets and promotional efforts and this much talent involved" takes special effort, Wilson notes. "You look at a movie like Indiana Jones 4 and it's such a spectacular train wreck that it really does deserve recognition at some level...
...deal is that it has three quality point breaks right next to each other," says Nathaniel Calhoun, 29, a board rider from the U.S. who has surfed Robertsport many times. "It's unique. It's untouched." Add in great weather, spectacular beaches and villagers who'll invite you over for a seafood dinner, and that's loco Liberia, dude...
...hedge funds had to regularly liquidate assets, we would not see the spectacular returns reported in the past. One factor of the supposed success of hedge funds is their ability to report unrealized gains and to be flexible in liquidation, since investors who believe they are getting high returns are unlikely to withdraw their money. That was how Madoff was able to maintain his charade for so long...