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...devised by Wunsch, a former Kidder Peabody vice president, and two computer experts formerly with Cray Research, the electronic auction represents the most serious challenge yet to traditional Wall Street trading. Other computerized markets, like Reuters' Crossing Network and Jefferies & Co.'s Posit, also execute trades independent of the major exchanges. But trading at the exchanges determines share prices...

Author: /time Magazine | Title: Bidding Their Brokers Goodbye | 5/13/1991 | See Source »

...calling this group of people by a false name, you deny the group a positive identity. We do not speak of "positive" in a connotative sense, but the sense in which the word expresses recognition. The supporters of military action posit themselves as a group by holding a rally, and thus they earn a positive identity as a group...

Author: NO WRITER ATTRIBUTED | Title: 'Protestors' Headline Was Misleading | 2/4/1991 | See Source »

Bailey tried manfully for the better analogy. It required him to posit 1) a pre-glasnost Soviet Union, 2) a communist Mexico demanding the return of "occupied Mexican" territory lost in the Mexican War (Texas, New Mexico, Arizona, Utah, Nevada and California) and 3) insurrection by former Mexicans living in these territories demanding secession from the Union. Then imagine, Bailey continued, that the insurrectionists, supported and financed by Mexico and other communist states in Latin America, obstruct communications; attack civilians and police with stones and fire bombs; kill former Mexicans holding U.S. Government jobs ("collaborators"); and then begin...

Author: /time Magazine | Title: Essay: Judging Israel | 2/26/1990 | See Source »

...defends his late master against the initially unspecified "utter nonsense" that has been written and spoken about him since the end of World War II. And he fusses over the attributes that create a "great" butler, finally coming up with a definition that satisfies him: "And let me now posit this: 'dignity' has to do crucially with a butler's ability not to abandon the professional being he inhabits...

Author: /time Magazine | Title: Books: Upstairs, Downstairs | 10/30/1989 | See Source »

...contraceptive effect," says Carrera. "Education. Employment. Their own bank accounts. Good health. Family involvement. Self-esteem. These are also contraceptives. It's the total fabric that is important." Carrera also teaches them how to play sports, like squash, that rely on individual discipline and control. "Whenever you posit a single solution to a complex problem, you are not as successful...

Author: /time Magazine | Title: Adolescent Pregnancy Prevention | 5/1/1989 | See Source »

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