Word: cheapness
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...widow of Thomas Sparacio, a currency trader at Euro Brokers who died in Tower 2. In their modest house in Staten Island, littered with the toys of her twin two-year-olds, she explains why she sees the estimated $138,000 she would get from the fund as a cheap bribe. "The government is not taking any responsibility for what it's done. This was just one screw-up after another." She is also worried about her financial stability; in less than a month, she will have their third child. Thomas was the primary wage earner, although Cheri worked...
...forced labor like Andy, sold by their parents for weeks or years to agents who promise salaries that turn out to be inflated, are whittled away by fictitious expenses or are nonexistent. But for mind-numbing work like netting fish on a jermal, children are the ideal employees - cheap, docile and easily cowed. "They said I could go home after three months," Andy recalls, clutching his right hand still swollen from a sea snake bite. "But there was no replacement so they said I had to stay...
...Climbing Kili is not cheap. Tanzania?s park fees are among the highest in Africa and then there are the guides (it's illegal to climb without one) and porters. Our group of 13 required a lead guide, two assistant guides, two cooks and 26 porters. Total cost, including tips at the end, was $800 a person...
...value play in a generation. For that reason Cyril Moulle-Berteaux, who runs an institutional fund for Morgan Stanley, has his most aggressive stock allocation in Japan. "Everybody who's had money to pull out of Japan has already done so," he says, noting that Japan is not just cheap but a low-risk contrarian...
...relatively safe route into Japan is blue-chip Japanese exporters, which, while not dirt cheap, stand to benefit from renewed buying among U.S. customers and a continuing slide in the yen. David Bowers, chief international strategist at Merrill Lynch, likes the copier company Canon, where 84% of sales are outside Japan, and consumer electronics giant Pioneer, where 64% of sales are outside Japan. Also on his list is Nissan, which has been aggressively investing in new production technologies. All three stocks trade in the U.S. as American Depositary Receipts...