Financial institutions from Morgan Stanley to GE Capital are trying to beef up their deposit gathering, but they may find their dash for retail dollars isn't a panacea, Breakingviews says.
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Working paper: Goals Gone Wild—The Systematic Side Effects of Over-Prescribing Goal Setting
http://hbswk.hbs.edu/item/Candidates Launch 60-Day Dash to the White House
With their conventions behind them, Senators Barack Obama and John McCain grappled for the mantle of change as they began the march to Election Day.
A tactical case of smashing records
By Roger BlitzPublished: August 11 2008 23:09 | Last updated: August 11 2008 23:09
Records, so the sportsman’s mantra goes, are meant to be broken – but surely not as often as this. Five swimming world records were lowered on Monday, to add to three the day before.
But this is swimming, and the value of a world record has arguably been eroded by Speedo’s new swimsuit, which everyone but Mark Spitz says is the reason nearly 50 world records were set in competition prior to Beijing this year.
The holders of the new marks won’t care. Certainly not Kosuke Kitajima, 100m breaststroke champion, whose record time of 58.91sec on Monday when winning a gold medal stopped share trading back in Japan and prompted newspapers to rush out special editions.
The commercial value of coming home from Beijing a world record-holder, in addition to claiming that piece of gold, is a sizeable sum. “About $500,000 at a minimum,” says Mark Pannes, director of sport at HSBC Private Bank. “It will vary . . . You’ll get more value for breaking the record in the 100m dash.”
Come Friday and the start of track and field events, expectations will be lowered. The heat and humidity will be to blame, while breaking records in middle-distance running is a rarity because athletes pace themselves.
There is scope for some records to be downed next week, says Chris Turner, athletics historian. “But athletes are not coming to Beijing to become world record-holders. They want to be part of Olympic history; they want to be an Olympic champion, and that means events become quite tactical.”
Still, track and field’s two high-profile events have the added spice of world records under threat. The men’s 100m was expected to be a showdown between the American Tyson Gay and Jamaica’s Asafa Powell until May, when Usain Bolt, another Jamaican, set a new world record mark of 9.72sec for the blue-riband event.
Meanwhile, China’s big hope, Liu Xiang, will have the crowd begging him not just to beat the Cuban Dayron Robles in the 110m hurdles but to regain the world record from him.
Will it matter to the Olympic movement or the organisers if the Bird’s Nest witnesses not a single new world record? Probably not, says Mr Pannes. “At least they will be able to argue that their anti-doping measures are working.”
But this is swimming, and the value of a world record has arguably been eroded by Speedo’s new swimsuit, which everyone but Mark Spitz says is the reason nearly 50 world records were set in competition prior to Beijing this year.
The holders of the new marks won’t care. Certainly not Kosuke Kitajima, 100m breaststroke champion, whose record time of 58.91sec on Monday when winning a gold medal stopped share trading back in Japan and prompted newspapers to rush out special editions.
The commercial value of coming home from Beijing a world record-holder, in addition to claiming that piece of gold, is a sizeable sum. “About $500,000 at a minimum,” says Mark Pannes, director of sport at HSBC Private Bank. “It will vary . . . You’ll get more value for breaking the record in the 100m dash.”
Come Friday and the start of track and field events, expectations will be lowered. The heat and humidity will be to blame, while breaking records in middle-distance running is a rarity because athletes pace themselves.
There is scope for some records to be downed next week, says Chris Turner, athletics historian. “But athletes are not coming to Beijing to become world record-holders. They want to be part of Olympic history; they want to be an Olympic champion, and that means events become quite tactical.”
Still, track and field’s two high-profile events have the added spice of world records under threat. The men’s 100m was expected to be a showdown between the American Tyson Gay and Jamaica’s Asafa Powell until May, when Usain Bolt, another Jamaican, set a new world record mark of 9.72sec for the blue-riband event.
Meanwhile, China’s big hope, Liu Xiang, will have the crowd begging him not just to beat the Cuban Dayron Robles in the 110m hurdles but to regain the world record from him.
Will it matter to the Olympic movement or the organisers if the Bird’s Nest witnesses not a single new world record? Probably not, says Mr Pannes. “At least they will be able to argue that their anti-doping measures are working.”
Copyright The Financial Times Limited 2008
"My Mount Fuji is not an ideal mountain but a mountain that is always alive. The stranger its form, the better," she said when she was 95. She never tried to accommodate herself to the times saying, "I want to paint as if I am on a rampage."
licence
Grant a licence to.
‘a pub has to be licensed by the local justices’
with object and infinitive ‘he ought not to have been licensed to fly a plane’
‘a licensing authority’
- 1.1 Authorize the use, performance, or release of (something)‘the company expect that the drug will soon be licensed for use in the USA’
- 1.2dated Permit (someone) to do something.with object and infinitive ‘he was licensed to do no more than send a message’
Also, go out wilding. Go on a rampage, as in The convention delegates have arrived in town, and after deliberating all day they are ready to go out wilding at night. This term originally referred to teenage gang violence directed against randomly chosen victims, impulsive mugging or rape, and similar terrorizing. It also has been transferred to unruly but less violent outings, as in the example. [1980s]
smashingadj.
- Serving to smash: a smashing blow to the head.
- Informal. Extraordinarily impressive or fine; wonderful: a smashing success.
rampage
verb [I]
to go through an area making a lot of noise and causing damage:
The demonstrators rampaged through the town, smashing windows and setting fire to cars.
Several villages were destroyed by rampaging soldiers.
rampage
noun [C or U]
violent and usually wild behaviour:
Rioters went on a/the rampage through the city.
go [be] on the [a] rampage 暴れ出す.
ram・page
(
.) 
go [be] on the [a] rampage 暴れ出す.
ram・pa・geous
━━ a. 暴れ回る.verb [I]
to go somewhere quickly:
I've been dashing around all day.
I must dash - I've got to be home by seven.
dash
noun
1 [S] when you run somewhere very quickly:
I made a dash for the toilets.
There was a mad dash for the exit.
As soon as the rain dies down I'm going to make a dash for it (= run somewhere very fast).
2 [C usually singular] MAINLY US a race over a short distance:
Who won the 100-yard dash?
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