Word: stinging
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...Colombian cocaine ring three years ago, they opened a fully licensed--but also fully bogus--brokerage in suburban Atlanta to get inside the drug world. Even though the customers never made a single stock trade--double-digit stock gains are paltry in contrast to 400% returns on cocaine--the sting paid off last week with federal indictments of five Colombians, who are believed to have ties to the Cali drug cartel, on drug trafficking and money-laundering charges. The indictments capped an international operation in which authorities have so far arrested more than 40 people in the U.S. and abroad...
...liberal, and Liebert, who is a conservative, predict that the council under Darling will remain much the same as it has been for the past few years. And, with few undergraduates saying the council is relevant to their lives at Harvard, criticisms like Redmond and Liebert's may sting...
...Walland will try and make it three. He remembers The Game in 1997. This year is his opportunity to avenge a defeat whose sting began with a letter from the Harvard Admission Department...
...would be the court-ordered breakup of his company, but the investor might not fare badly. AT&T's spin-offs have consistently beaten the market since the government split that company. Forcing Microsoft to make its Windows source code available, opening it to competition from software writers would sting. But it would also produce incremental licensing revenue. Forcing Microsoft to design Windows to boot up AOL or another Web address would erode its dominance. But PC makers are starting to win that kind of flexibility on their own. It comes down to a bet on Bill...
...advised, though, that even if it all works, financial services could get more confusing in the short run as the industry adjusts. If the model ultimately fails--and make no mistake, the jury is still out--shareholders in these newfangled financial companies may feel a sharp sting...