Word: summer
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Dates: during 2000-2009
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...Technically, NYMEX has placed limits such that no one firm can control more than 20 million bbl. of oil. Then again, a previously unknown energy-trading company called Vitol controlled 11% of the open interest on NYMEX at one point last summer, which amounted to four times that. Around the same time, SemGroup, a large oil-distribution company, filed for bankruptcy after losing $2.4 billion on a short position that also dwarfed the supposed limit...
...From the moment Palin appeared onstage last summer, one central narrative was whether she could possibly juggle her complex personal and public lives. By now we're used to seeing stories about professional women who conclude that "having it all" is a myth and leave the arena in search of their inner Donna Reed. This "trend" is used to explain the paradox that women now make up a majority of college grads and have roughly matched men in law and business and medical schools but are still paid less and remain dramatically underrepresented in executive suites, not to mention statehouses...
...likely to be an ugly summer of sausage-grinding in Washington. Obama's two biggest domestic-policy proposals - health-care reform and alternative energy - will be pulverized and reshaped by the Senate. The end products may be unsightly and counterproductive, if passed. A third initiative - a relatively modest regulatory reform of the financial system - is being chewed to dust by the termite lobbyists of the banking industry. A fourth initiative - the effort to buy off the banking system's "toxic" assets - is languishing, near comatose, because of the bankers' intransigence. (See who's who in Obama's White House...
...With salmon and wood smoke fragrant in the endless summer evening, amid wet socks and waders and red rubber fishing gloves, Palin tells TIME, "I cannot predict what's going to happen. I don't know what doors will be open or closed by then. I was telling Todd today, I was saying, 'Man, I wish we could predict the next fish run so that we know when to be out on the water.' We can't predict the next fish run, much less what's going to happen...
...Patpong, Bangkok's most notorious red-light district, go-go girls count their livelihood by the number of sex tourists they entertain. "Three inches, three minutes, 3,000 baht ($87)," laughs Goy, a 25-year-old bar girl. Last summer, she and her fellow pole dancers at the Camelot Castle entertained scores of men every night - first in the bar, where they earn a monthly salary, then at the customer's hotel, where they negotiate their own rates. But as cash-strapped travelers turn their backs on Thailand - tourism officials say revenues will plunge 35% this year - the ranks...