Word: steeping
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...that we had not reserved…someone, like in the Krokodiloes perhaps, reported us” (when questioned, David A. Eisenberg ’07 of the Kroks said “I don’t know anything about that”). Fines for unauthorized posters are steep: angry administrators informed Horan that each illegally postered poster would cost...
...same opportunities, and returns that once routinely hit double-digits naturally fall. It's happening now. Some $80 billion flowed into hedge funds this year through August, and the average hedge fund rose about a woeful 1%. The hedgies are under pressure to pump up returns to justify their steep fees--which run to 2% of assets plus 20% of profits. The SEC's primary concern is fraud, in which a hedge fund hides losses or misstates the value of its holdings. Worse, says Donaldson, is the kind of cheating that came to light in last year's mutual-fund...
Every week, a small group of Harvard affiliates meet in a specially-designed tea room at 5 Bryant St. for the practice of chado—Japanese for “the way of the tea.” While the concept of chado is simple enough—steep and pour—the varied details, customs and ceremonies make it a bit more complicated than just plopping a bag of Lipton into a cup of hot water. Tea was brought from China to Japan in 1191, and traditional ceremonies became popular in the 14th century. Chado has since...
...that flaw the fictional universe. The novel's first paragraph sets the scene for Caracera's father's funeral: "It was not a good day for a funeral procession. Temperature: ninety-two at one p.m. and expected to rise to a hundred and ten before day's end." This steep a rise in the course of an afternoon is all but impossible, as anyone with a passing familiarity with the region's weather knows; anyway, it never gets that hot in Manila, not even close. It might seem a small point, but a book that seeks to speak with authority...
...produce enough electricity to meet booming demand. Faced with production-line shutdowns, many factories are generating their own power with diesel generators, further depleting China's overtaxed supply of petrochemicals. One foreign executive whose company has invested in a power plant in Guangdong province says oil prices are so steep that the venture is now barely turning a profit. It can't raise rates because tariffs are fixed by the government?and the government doesn't want to relax tariffs because that would contribute to inflation. "If prices go up a little higher and there's no subsidy...