Word: yanks
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...upside down in a kayak in San Francisco Bay, fighting panic. I'm not sure I can hold my breath much longer. I yank away at the tab that attaches a rubber spray skirt--and me--to the two-person boat, the bottom of whose hull is bobbing on the surface...
...even know if I can see anything. I've forgotten that I have an expert partner who would save me if I were in any real danger. I'm trapped inside a boat in strong currents, far from home--a reckless fool. Then I give another mighty yank, and the skirt pops off. I shoot to the surface, a flustered human cannonball...
...FREE RIDE The SEC recently forced several companies to yank bogus online offerings of "free" stock. The catch? The issuers were trying to bring traffic to their websites and get valuable personal information from the recipients. Web-WorksMarketing.com said its free stock was worth $38.40 a share, which beats the company's gross revenues of $26. Likewise, American Space Corp. distributed shares, although it had no offices, employees or contracts. The investing lesson? Free could equal worthless...
...have been writing off donations to charities that agree to use the money to buy life insurance for the donors and later split the benefits with their heirs. No longer. The IRS may subject taxpayers who use such a "charitable split trust" to a 20% underpayment penalty and may yank the tax-exempt status of participating charities...
...time, says Morris, the kids in question were placed on medication in what he saw as the beginning of a vicious cycle that frequently worsened the original problem. "Challenges that teachers used to handle are being handed over to psychiatrists. Instead of dealing with kids inside the classroom, they yank them out, put them on drugs and stick them back in with glazed eyes a few days later. No wonder the kids end up as outcasts...