Word: wrought
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Such unknowns could throw billion-dollar decisions, and even the financial soundness of the firms that make them, right back into the laps of executives who could find themselves ill prepared to deal with what the rocket scientists have wrought. "These mathematical models, they are not dealing with statistically definable facts that can tell you with certainty that if a market moves this amount, this is precisely what will happen," acknowledges Stephen Friedman, the chairman of investment-banking giant Goldman Sachs. "In the last analysis, you need to have people with common sense who can understand enough of what...
...what has Wall Street finally wrought at the end of the day? Like nuclear power, derivatives perform a useful function. But they also contain a great deal of risk that must be carefully controlled. "Are derivatives here to stay?" asks Friedman of Goldman Sachs. "Certainly they are. Like many other instruments, they can be used to excess. But they can also be used for extremely beneficial purposes." It will be up to watchdogs in government and on Wall Street to ensure that the beneficial side of derivatives prevails, and that they do not follow pyramid schemes and savings and loan...
...three or four negatives in a seamless collage technique that produces what appears to be a single picture. Even when he seems to be following rules, he can be subverting them. The intense clarity of his portraits gives them the appearance of a documentary record, yet these are highly wrought -- and expensive -- art objects intended to serve Avedon's personal ends...
Curtis and director Mike Newell (of "Enchanted April") concentrate so hard on getting the comic trappings of this story right (with frequent success) that they seem to lose track of the love story at hand. In the first half hour we witness the comedic havoc wrought upon the life of bachelor Charles (Hugh Grant) after he meets a beautiful American named Carrie (Andie MacDowell) at Wedding Number One. We find ourselves wondering why he is suddenly so smitten with a one-night stand...
...four choreographers of Joffrey Balle's "Billboards" have definitely taken their artistic inspiration from the score's eccentric composer. Newly released on home video, the remarkable ballet is to a compilation of the music of Prince, and the pieces are wrought with intensity, emotion and sexual energy. As is so often the case with Prince's music videos, some things take place on stage which transcend the bounds of appropriate viewing. But then, you won't see the dancers having this much fun performing "Swan Lake...