Word: turned
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Dates: during 1990-1999
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...Asia, governments stung by currency speculators, who often use derivatives, are beginning to turn on their foreign bankers. Citibank reportedly had to cancel plans for a press conference in Taiwan last month to announce a merger with Travelers Group. The problem? Taiwanese authorities denounced Citibank for allegedly circumventing banking regulations involving certain derivatives that allowed the bank to bet heavily against the Taiwan dollar. "The bottom line in this whole derivatives issue is if I'm a trader, I'll take the biggest bets that I can because if I win, I'll go home a millionaire," says Peabody...
Parse the language and it means many banks have a new sideline: gambling. "Derivatives have turned the financial markets into a hi-tech, international, 24-hour casino," notes Richard Thomson, a former merchant banker and author of a book published in London, Apocalypse Roulette: The Lethal World of Derivatives. "Right now you have a small number of banks sharing a very large risk. But this could turn out to be a serious problem if these banks are in the wrong place at the wrong time...
...looking for concessions that Microsoft was unlikely ever to grant. One demand, according to Microsoft, was that the company hide the Windows opening screen and let anyone in the software industry--except Microsoft--compete to offer a new one to PC makers. Another suggested that Microsoft either remove or turn off the Explorer browser that is even more thoroughly knit into Windows 98 than it was into Win 95. A third, according to Microsoft, was that the company include a copy of Navigator in every copy of Win 98 that it ships. "It would be a lot like asking Coca...
...they came easy, but he had to fight to have it look that way. When he was still active, he vocalized every day. Singing with the Dorsey band in the early '40s, he kept on tap a voice teacher who was a former opera singer. Later on he would turn to Metropolitan Opera soprano Dorothy Kirsten and baritone Robert Merrill for pointers on technique. "He knew they knew...how to maintain the equipment," Sinatra's longtime conductor, Vincent Falcone, told writer Will Friedwald. That stuff in the whiskey tumbler he used onstage was often tea. Booze, he knew, could batter...
...They're a little sensitive about that," says TIME Washington correspondent Jay Branegan. "And for that reason, they've been very cautious about speaking up while Habibie gets settled in. But they're watching him very closely, and they're certainly not going to turn soft -- they have their own credibility to think...