Word: switches
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Dates: during 2000-2009
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...following year for an event at the University of New Mexico. In 1981, the company opened its first overseas operations and in 1982, a new CEO named Fred Rosen took over the company. Rosen, who told the Los Angeles Times in 1985 that his competitors were "asleep at the switch," was an aggressive businessman and proud of it. He was so good at dominating the ticket industry (and consequently became practically the only game in town) that Pearl Jam rebelled in 1994 with a campaign known as "TicketBastard." The band wanted to offer summer tour tickets to fans for under...
...high schools found that random student drug-testing tends to reduce marijuana use slightly (about 5%) but actually increase the use of other drugs (about 3%). The authors theorize that drug-using kids may think that prescription and other drugs are harder to detect by urinalysis, so they switch from pot to something else. (This assumption is usually incorrect - most drug tests capture everything from heroin to Valium - although certain lesser-used drugs like the anesthetic ketamine aren't detected by the usual tests...
...failed to body up on the Tiger’s inside giants.With just over two minutes to play, Harvard had cut the Princeton lead down to three, at 63-60. But on the ensuing possession, Princeton sophomore guard Dan Mavraides sunk a wide-open three after Harvard failed to switch on to him. Again, Harvard rebounded on a clutch three from Housman on the next possession, but needing a stop just a minute later, it happened again. With the Crimson down just 68-65, Mavraides nailed another wide-open trifecta after Princeton had broken down the Harvard trap with...
...switch to doing more lending through investment-banking operations has only made matters worse. For deposit-based loans, the banks have wide discretion as to when they record a loss. Some do it after a borrower misses his first payment. Other banks wait until the loan is 120 days past due. But for loans made through a firm's investment-banking division, the bank has to reduce the value of those debts according to what similar pools of loans are worth. This is known as mark-to-market accounting. And when investors grow increasingly nervous that borrowers will...
...money. It may even boost lending. Of course, the problem with this is that some of these banks might need too much capital - and if the government buys all the common stock needed to fix the problem, it will own the banks, possibly a few times over. So a switch to buying common stock points to nationalization. (See pictures of the top 10 scared traders...