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Word: gray (lookup in dictionary) (lookup stats)
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...There is not a broker in Calcutta who will deny what was going on. Indeed, most passionately defend it. Changoiwala's brother, Kanta Prasad, gushes that the relationships forged by families who traded with one another in the gray market gave "touch and feeling" to Calcutta's bourse that was "absolutely unique." Mention unofficial finance to Mahajan, the former exchange vice president, and he gets so excited that his arms flail like the rotors of a distressed helicopter. "Nobody ever failed to pay up," he coos. "It served Calcutta for 100 years. It was a beautiful system. It was something...

Author: /time Magazine | Title: Out of Stock | 7/2/2001 | See Source »

...positions in several high-profile tech stocks. When his positions topped the maximum allowed by regulators, he allegedly began placing orders through a group of Calcutta operators, including Dinesh Singhania, a local broker widely disliked for his lavish tastes and arrogance. Since most of these orders were financed with gray money, they couldn't be traced back to Parekh. In its May report, SEBI said it believes the Big Bull was using the Calcutta gray market to ramp up the prices of his stocks. If that is the case, it worked for a while. But the sky-high prices were...

Author: /time Magazine | Title: Out of Stock | 7/2/2001 | See Source »

Police described the suspect as a black male, between 16 and 20 years of age, approximately five feet two inches tall, and wearing a white shirt, black backpack and light gray sneakers with Chinese characters on the heel...

Author: By Garrett M. Graff, CRIMSON STAFF WRITER | Title: Indecent Assault Prompts Warning | 6/29/2001 | See Source »

...Going without sunscreen Those cloudy skies look innocuous, don?t they? That?s what they want you to think. Behind that thick gray cloud cover, the sun is blazing away, sending its rays straight through that seemingly impenetrable shield, right onto your nose/shoulders/hairline. And guys, don?t get all macho on us - despite your conviction that you are impervious to all danger, you?re going to get burned just as fast as your mom/wife/girlfriend. As one of our staffers says almost every Monday morning, when he appears in the office with a cringe-inducing sunburn: "That darn...

Author: /time Magazine | Title: Summer's Hidden (and Obvious) Dangers | 6/28/2001 | See Source »

...those who are divorcing or who have just found out they have a terminal illness: deny the reality, hide out, feel betrayed by fate. Consequently, many people stall like mad rather than get on with life, making crazy decisions they will later regret. As the CEO of Challenger, Gray & Christmas, a 39-year-old outplacement firm that has helped thousands of people find work after a layoff, let me tell you how most people respond--and what they need to do to find work...

Author: /time Magazine | Title: Work in Progress: Laid Off? | 6/25/2001 | See Source »

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