Word: trick
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...must be subtracted from a company's revenues in the year they occur. But capital expenditures can be subtracted from revenues a little at a time over many years. In the short term, that lets money flow to the bottom line and boosts financial results. It's the oldest trick in the book, and mind-numbingly simple. Dennis Beresford teaches Accounting 101 at the University of Georgia and says what happened at WorldCom is "plain vanilla" trickery that he covers on the second day of class...
...time to go back to the private sector." This from a man who during his one term wrote a book, did color commentary for the now defunct XFL and consulted on a Broadway musical about his life, which, sadly, was abandoned the day of his announcement. Using a trick from Ross Perot's playbook, he cited a desire to protect his family as the reason for his departure. This was apparently in reaction to an article in the Minneapolis Star Tribune that said his son Tyrel, 22, threw raucous parties in the Governor's mansion and left it littered with...
...MIROSLAV KLOSE, 24, GERMANY At week's end, he was a contender for the World Cup's Golden Boot, with five goals including a hat trick against Saudi Arabia. But there remains some doubt that the Kaiserslautern forward is merely a youthful fish in an otherwise aging German pond. Nevertheless, strikers are valuable and will always command good prices. VALUE: $12 million, up from $6.5 million...
...every action film seems to require that a member of the hero's family die to set the revenge machinery in motion, but Cruise gives some emotional heft to this low trick. Every action film needs its weird characters, but no recent one has been so dense with fine, small roles : Lois Smith as the godmother of Precrime, Tim Blake Nelson as the keeper of Precrime perps, Peter Stormare as a shady doctor with a penchant for setting his patients on fire...
...masterminding the killing of his wife's parents, brother and sister. After the battle Ecleo, who leads the Philippine Benevolent Missionaries' Association, gave himself up to the police. Ecleo has about 1 million followers in the Philippines, who believe he is a reincarnation of Jesus Christ. AUSTRALIA Just Another Trick of the Light In an experiment straight out of Star Trek, two Australian scientists teleported information between two laser beams a meter apart. The scientists made use of a phenomenon called quantum entanglement to dismantle a signal-transmitted in photons, or particles of light-in one shaft of laser light...