Word: cheaping
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Dates: during 2000-2009
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Striking out on your own is in some ways easier in a recession: loans are cheap, and hiring is easy. Sean O'Scannlain, 37, managed a Chicago seafood company for seven years but left to start a competing firm last July. The Sept. 11 airport closures disrupted shipments for weeks and forced him to run lean. "We're far better now for having gone through a very difficult nine or 10 months," O'Scannlain says. For Lauren Creamer, 27, of Brighton, Mass., two years of fighting the bureaucracy at a large nonprofit convinced her that she would be happier working...
...hoped their hunch would pay off. Did it ever. War Emblem won the Derby in style, going off as a 20-to-1 shot and leading wire to wire. Two weeks later, in the Preakness, the "speed" horses were supposed to drain War Emblem like a cheap battery. He won going away. "Baffert and the Prince were able to see that they could move [War Emblem] up in class," says Tom Hammond, a racing expert...
...travel revealed in April that business travel is down 20% this year. Even worse, B.T.C. chairman Kevin Mitchell notes that 60% of the companies plan to cut further. Frustrated by ticket prices that skyrocketed 74% between 1996 and 2000, businesspeople are eliminating nonessential trips, hunting for last-minute cheap fares online, videoconferencing, or taking trains, private planes and even buses. "Some of these reductions are meant to be permanent," warns Mitchell...
Shakir, who had won the Ivy League title with a cheap single against Princeton his freshman year, came full circle with another clutch hit, this one a bloop to left that propelled Harvard into the Ivy League championship game...
...favorite Harvard moment occurred in the Bahamas during Spring Break 2002. About 30 of us found ourselves in a vast resort on Grand Bahama Island with a number of cheap-o liquor stores and a bevy of buxom high school girls. We seemed sure of ourselves, strolling about in pastel Polo shirts with a few pairs of Prada sunglasses, sipping rum-and-tonics by the sea. For all intents and purposes, I think we looked pretty cool, but after the experiences of one fateful evening, we sunk into the inevitable effluvium of dorkdom. No matter how many girls sported this...