Word: tomming
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...recall, Leeson was 27 years old, living in Singapore, and trading futures contracts based on the Nikkei stock index and Japanese government bonds when he got into trouble in the mid-'90s. He was anything but one of the investment banking "Masters of the Universe" made famous by Tom Wolfe in the 1980s. He was a relatively ordinary young professional on an obscure trading desk, who bet the wrong way on the Nikkei's direction; then he doubled down, trying to recoup the firm's money, and lost again. At one point in early 1995, he had half the open...
...been particularly hard for designer Frida Giannini, 35, to win the vote of her fashion constituents for the three years that she has been overseeing the creative direction of Gucci, the $3.1 billion (2.1 billion euro) apparel, fragrance and accessories juggernaut. Compared with her predecessor, the fashion rock star Tom Ford, Giannini cuts a low profile, and critics have called her runway shows everything from "hard to warm to" to "pedestrian." What most infuriates the front-row naysayers, of course, is that Giannini's style is working: in 2005 and 2006, Gucci reported 18.4% and 16.8% growth, respectively...
Obama has inherited much of former Democratic leader Tom Daschle's political organization?and with it, Daschle, who is one of Obama's most committed campaigners. In arguing that it is time to turn a new page, Daschle says of the Clintons, "I don't know if it's possible to put all that history behind...
...labor movement was born. The issue wasn't today's relatively abstruse one of payments for DVDS or Internet downloads; it was simply getting paid. Tom Dreesen, a comedian and former Teamster from Chicago who became a spokesman for the comics, pleaded with Shore to give them at least a token amount. "I told Mitzi, 'You pay the waiters, you pay the waitresses, you pay the guy who cleans the toilets. Why don't you at least pay the comedians?'" says Dreesen. Many of the struggling kids who were helping her club thrive, he pointed out, couldn't even afford...
...course, if a candidate can actually speak the language, then there's no problem. Senator Chris Dodd is a fluent Spanish speaker from his years in the Peace Corps, and Senator Tom Harkin - who has a deaf brother - was able to address the Democratic National Convention in sign language. But it's a high bar, and more often than not, candidates can't clear...