Word: torrent
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Dates: during 2000-2009
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Midnight trading. Hush-hush commissions. Corrupt executives. The recent torrent of headlines about mutual-fund scandals provides ample cause for outrage among investors. But if you're wondering how badly the industry's shenanigans have damaged your wallet, the answer is, probably not much. A Stanford University study found that overnight arbitraging in funds cost investors more than $4 billion a year. That's hardly a drop in the bucket, but it was widely diluted in a fund industry with $7 trillion in assets under management...
...Army report on what happened, "found itself in a desperate situation due to a navigational error caused by the combined effects of the operational pace, acute fatigue, isolation and the harsh environmental conditions. The tragic results of this error placed the soldiers of the 507th Maintenance Company in a torrent of fire." During the roughly 1 1/2-hour-long fire fight that they endured, the report concludes, "every soldier performed honorably and did his or her duty...
Schumer, D-N.Y., has exerted great influence over the approval of federal judges nominated by President Bush as a vocal member of the Senate Judiciary Committee—inciting a torrent of virulent partisan debate...
...These "micropayments" are often too small for credit-card companies to handle efficiently, yet they seem to hold the key to reaching consumers who want to buy a single song or game. Microsoft senior vice president Pieter Knook claims that the emergence of a micropayment infrastructure will unleash a torrent of software - development activity that will deliver as yet unimagined programs to the market. This, he says, will transform the mobile-phone industry into one that is software powered. Gates told the Geneva audience that such synergies will "bring [voice and data] together in ways that people eventually will just...
...corner of the stadium—from toddlers just learning to mispronounce the Boston “r” to die-hard 40-somethings escaping their wives—pulled together spontaneously to chant “Yankees Suck” for the rest of the game. Their torrent of hatred and spittle poured over both dugouts. Down on the field, the opposing players looked amused...