Word: spun
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Dates: during 2000-2009
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Chambliss, Saxby •victory of in run-off election despite apparent groping of pubescent granddaughter's breast by in TV ad is weirdly spun by Republicans as not the predictable result it always was in Georgia, for God's sake - no matter how much the Democrats really, really wanted 60 Senate seats - but proof of the country's repudiation of Obama...
Oscar sees his current band's mission as simple: defending the Cuban sound. In 10 to 15 years, adds the bandleader Jesús, there won't be any Cuban music left on the island. It will all be in foreign countries, stagnant nostalgia acts like the kind that spun off from the Buena Vista Social Club album. That seems a dire prediction, but a Thursday night in Havana makes you wonder how Cuban music will survive. On Avenue G, the roqueros gather to get high and watch rock videos on makeshift outdoor screens. On the Malecón in front...
...cure for the hiccups,†teams try to respond not with the most accurate or effective answer, but the one most common answer, which in this case is “Scare the person.†A group of Harvard kids are not indicative of home-spun average responses—I knew we were probably screwed, but I was strangely undeterred. We spent the weeks leading up to the show trying to recalibrate our thought patterns to fit those of the elusive average American. By the time my plane landed in Los Angeles, I felt just...
...SemGroup, of course, was now out of business, and as similar behavior came to a halt at other firms, oil lost its upward momentum. Enter the financial crisis, which dealt the finishing blow. The dollar had weakened during the first revelations of the mortgage crisis, but as that situation spun out of control into an international credit crisis, the currency markets favored the U.S. dollar. Since oil is traded internationally, as the dollar gained value, the price of oil in dollars had to come down. A weakening dollar played a role on the way up; a strengthening dollar...
...talk of bailouts and rescue plans permeated the media. The price of oil began to fall, and speculators had to put up more money for margin, but their other investments were simultaneously declining. Thus, they were forced to close out their long positions and sell oil. As everything spun out of control, everyone wanted out: a full liquidation. Even diversified investors tend to hold long positions in commodities as inflation hedges. Losses in stocks forced these long speculators to liquidate their positions in all commodities...