Word: discounted
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...young tough kid, carrying a potentially dangerous weapon, possessing a past history of criminal offenses, and you surround a subway passenger and ask him for money, it's open season on you. That's the issue that needs to be discussed. But too many critics of the Goetz opinion discount the fact that white hoods can travel in packs and harass Black people too. By their reasoning, the Black man who blows these four white kids to bits better get off if justice is to be done...
Volcker's toughest customers in the past year or so have been the Reagan appointees on the Federal Reserve Board. In February 1986 Volcker came up on the losing side when his colleagues voted 4 to 3 to cut the discount rate that the Fed charges on loans to member banks. The chairman likes debate, but was furious to lose a vote and considered quitting. "The second floor ((where Volcker has his office)) was rocking a bit," says a former assistant. Following the episode, the official who resigned was not Volcker but his rival, Vice Chairman Preston Martin...
...bring the year-end loss back to $1 billion. The company aims to return to profitability next year. And within three years, Citicorp plans to reduce its Third World debt portfolio by about one third, or $5 billion. The bank intends to sell some of the loans at a discount and transform others through so-called debt-for-equity swaps, in which the loan becomes an investment in the borrower country...
...radius around the spot and figured the men had to be heading for Casper, Wyo., or Rapid City, S. Dak. He put out leads to law officers in the area, who started watching the roads. Reported sightings were relayed to Stubbs, who used the computer system to corroborate or discount them. Within ten days, the search focused on an isolated farmhouse outside Rapid City. A dawn raid netted Snell without a shot being fired...
...confessed my ignorance, and Ernie obliged in enlightening me. "Say you're running a war against a neighboring country, but at the same time, your President lets it be known that his mansion could do with some renovations. What you need is some discount weapons, right...