Word: standardly
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Dates: during 1990-1999
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When times get tough, these types of financial instruments are the first to default. "Companies do not view a default on derivatives as face losing," says Tanya Azarchs, a bank analyst with Standard & Poor's. "You can always say you didn't understand the derivative or the bank tricked you or whatever. Customers of derivatives just don't take it as seriously as a loan...
...ride down the other side more than justifies the climb. Stone's skill at contriving apocalyptic conclusions was visible in his first novel, A Hall of Mirrors (1967), and he maintained this standard for more than three decades. Not even his dedicated readers will be able to foresee the twists and impact of this new novel. Damascus Gate is a transcendent thriller...
...year, while in Seoul the price cutting was even more dramatic: to $70 from $143, according to analysts at PKF Consulting. And although business-class seat prices are holding steady, economy fares are 20% lower than last year's, says Jacko C.F. Yeung, a Hong Kong travel agent. A standard flight from Hong Kong to Singapore costs about $300; last year it was $550. "The trend I see is that more business people are traveling economy class," he says. "It's too expensive otherwise...
...director Low admits that she "is happy to let you stay for $87 a night." Many hotels are spicing up the discount deal with a slew of extras, from free clothes pressing to complimentary limousine transport and free breakfast. Hong Kong's Conrad Hotel, for instance, is offering a standard room, with all those freebies and more, starting at about $315 a night (that's down from nearly $900 in January). Both Hong Kong's Cathay Pacific Airways and Singapore Airlines are offering one free night in a hotel in their respective hub cities to lure passengers transiting to other...
...hasn't hurt). The boomlet began with last year's McCoy Tyner recording of Burt Bacharach tunes--an appropriate enough context--and continues with new albums by Wynton Marsalis and the 29-year-old Puerto Rican-born tenor saxophonist David Sanchez, both on Columbia. Marsalis' record, The Midnight Blues: Standard Time Vol. 5, is his first standards album since 1991 (despite the title, it's only his fourth overall). After ambitious but sometimes strained projects like last year's 3-CD recording of his Pulitzer-prizewinning oratorio, Blood on the Fields, and a jazz reworking of Stravinsky's L'Histoire...