Word: stirs
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Usually the victims of hedge-fund excesses are their rich customers, who lose when the hedge fund makes a bad bet. But through naked short selling, hedge funds can stir up trouble for any publicly traded firm. In the case of Pet Quarters, the suit alleges that Badian's hedge fund lent the firm sorely needed operating capital on terms that allowed the hedge fund to convert the debt to shares at any time. Through naked short selling, Badian then pushed Pet Quarters stock from $4 to just pennies. Badian balanced his massive short selling with cheap shares obtained after...
...anyone out there running that kind of a grassroots campaign, mobilizing voters as he had done,” said Glenn S. Koocher ’71, who hosts a local political talk show. Koocher added that key issues have not emerged this year to stir voters’ discontent, making it “a tough year to be a challenger.”“The thing that makes the incumbents a little stronger is the absence of a critical or emotional issue,” Koocher said. “Taxes were reduced or leveled; crime...
...President George W. Bush, who carried Virginia by 9 points in 2004 and 8 in 2000, is dropping into the Commonwealth on Monday night on his way home from South America to headline a turn-out-the-vote rally for Kilgore at a Richmond hangar. Kilgore caused a stir last month when he did not join Bush for a "War on Terror" appearance in Norfolk, a military community that along with Richmond is the biggest swing area in this race. It was described as a sign that Bush's woes were dragging Kilgore down, although Republicans...
...unit, and it’s not that he’s a bad guy—he just enjoys torturing his trainees. Siek’s tough love continues when the marines ship out to fight Saddam. The desert heat gradually drives the soldiers stir-crazy. Socialized to kill, they become frustrated by the lack of combat and take out their aggression on each other and themselves. This volatile situation is only exacerbated by the appearance of actual Iraqis, who show up late in the movie and don’t stick around for long. Near...
SensiTile and its creator are already causing quite a stir in architectural circles. Lath won the award for best new talent at the 2004 International Contemporary Furniture Fair, which has sparked interest from a number of construction and home-design companies. Homeowners are ordering the tiles for bathrooms and entryways and as art fixtures. Lath is reinvesting any profits into the company. "My goal for the business is to be able to fund more research," he says. "There are more manifestations I haven't completely explored...