Word: wallful
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Dates: during 1990-1999
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...worried Russian reformer Anatoli Chubais on the other. Oh, how she thrilled over that! The phone rings, and because you are the Deputy Secretary (and happen to be one of the few rocket-scientist economists not trying to create a black box to make deviously complex trades on Wall Street), you pick up the receiver. "This is the Treasury operator," the woman on the line says, and though she doesn't say it, what she could say now that she has you all connected is: "The committee to save the world is now in session...
Although the U.S. economy has been nothing but sunshine, it has been a terrifying year in world markets: famed financier George Soros lost $2 billion in Russia last summer; a hedge fund blessed with two Nobel prizewinners blew up in an afternoon, nearly taking Wall Street with it; and Brazil's currency, the real, sambaed and swayed and then swooned. In the past 18 months 40% of the world's economies have been tugged from robust growth into recession or depression...
...fresh thinking has been crucial in the new economic order. One legacy of 1998 has been the destruction of some of academe's and Wall Street's most cherished models of the world. More data and faster markets, says Greenspan, mean more opportunities to make money. They also mean more chances to lose your shirt, something he calls "the increased productivity of mistakes." Computers make it possible to push a button and destroy a billion dollars of wealth. The chairman was warning about the problem long before Long-Term Capital Management vaporized $4 billion, but that debacle silenced any skeptics...
...fresh air of the "real world" would do my burnt-out mind some good. As I had heard through the grapevine, consulting companies have a secret hankering for kinds with problem-solving ability but no real business knowledge. My parents made a point of showing me newspaper profiles about Wall Street executives who had majored in such esoteric fields as classics or Sanskrit. For all I knew, the financial world might be crawling with closeted philosophy types, sneaking in a few illicit hours with Kierkegaard before taking the subway to work...
...condom cache resides in a non-descript black box on the laundry room wall. A quarter full, it offers three types of condoms: Trojan lubricated with spermicide, Trojan lubricated without spermicide and LifeStyles non-lubricated. The extensive instructions include details and pictures about condom use, as well as a section of "Tips for Success," which advises that "Oil rots rubber," and condoms should not be stored in one's wallet...