PoochyB’s Wordstock

The Myopia of Private Equity.

my·o·pi·a
n.  

1. A visual defect in which distant objects appear blurred because their images are focused in front of the retina rather than on it; nearsightedness. Also called short sight.
2. Lack of discernment or long-range perspective in thinking or planning: “For Lorca, New York is a symbol of spiritual myopia” (Edwin Honig).

Nevertheless, Mirros anticipates a nerve-wracking denouement.

de·noue·ment also dé·noue·ment
n.  

1. 1. The final resolution or clarification of a dramatic or narrative plot.
   2. The events following the climax of a drama or novel in which such a resolution or clarification takes place.
2. The outcome of a sequence of events; the end result.

The concept is to require the banks to build extremely thick capital cushions that could protect against a multitude of sins and obviate the need for some of Basel II’s micromanagement.

ob·vi·ate
tr.v.   ob·vi·at·ed, ob·vi·at·ing, ob·vi·ates
To anticipate and dispose of effectively; render unnecessary. (prevent)

When Prudential Real Estate Investors jumped into a joint-venture deal with Atlanta-based Cousins Properties late last year, it was both a sign of the times and a portent for things to come.

por·tent
n.  

1. An indication of something important or calamitous about to occur; an omen.
2. Prophetic or threatening significance: signs full of portent.
3. Something amazing or marvelous; a prodigy.

The transaction, expected to close in 6 to 12 months, joins two of America’s ubiquitous brand names: Wrigley, maker of the eponymous chewing gum, and Mars, the closely held company behind Snickers chocolate bars and M&M’s.

When Ely Callaway took his eponymous equipment company public in 1992, it was a signal event for the golf industry.

e·pon·y·mous
adj.   Of, relating to, or constituting an eponym (A word or name derived from the name of a person).

To paraphrase an oft-used financial aphorism, when business sneezes, IT organizations catch a cold.

aph·o·rism
n.  

1. A tersely phrased statement of a truth or opinion; an adage. See Synonyms at saying.
2. A brief statement of a principle.

Brooke Shields did the controversial Calvin Klein jeans ads and the movie Blue Lagoon, which was criticized as prurient by several conservative groups even though a body double was used for all of Shields’ nude scenes.

pru·ri·ent
adj.  

1. Inordinately interested in matters of sex; lascivious.
2. 1. Characterized by an inordinate interest in sex: prurient thoughts.
   2. Arousing or appealing to an inordinate interest in sex: prurient literature.

Wachovia CEO Ken Thompson may rue the day he heard of Golden West.

rue 
v.   rued, ru·ing, rues

v.   tr.
To feel regret, remorse, or sorrow for.

v.   intr.
To feel regret, remorse, or sorrow.

Even when the airline industry went into a nosedive after the September 11 attacks, CEOs couldn’t pull off the kind of merger that could have helped them cut costs and stanch their collective losses, which have topped $29 billion since 2001.

stanch 
tr.v.   stanched also staunched, stanch·ing also staunch·ing, stanch·es also staunch·es

1. To stop or check the flow of (blood or tears, for example).
2. To stop the flow of blood from (a wound).
3. To stop, check, or allay: “My anxiety is stanched; I am at peace” (Scott Turow).

The people who think we will have turned in 2009 are wrong. There has to be a respite along the way.

res·pite
n.  

1. A usually short interval of rest or relief. See Synonyms at pause.
2. Law Temporary suspension of a death sentence; a reprieve.