break the buck
v. phr.— «He thinks it’s unlikely the companies running money market funds would allow them to “break the buck,” as it’s known in Wall Street parlance even if the funds lost money on SIV-related investments. The draw of money market funds, of course, is that an investor putting in $1 get $1 back plus interest. If a fund were to, say, give back only 90 cents for every dollar, investors would be outraged.» —“Money Market Investors Face Latest Worry” by Tim Paradis Forbes Oct. 23, 2007. (source: Double-Tongued Dictionary)
Further reading
Astronauts returning from space say they experience what’s called the overview effect, a new understanding of the fragility of our planet and our need to reflect on what humans all share as a species. A book about the end of the universe...
In 1971, when a new public library opened in Troy, Michigan, famous authors and artists were invited to write letters to the city’s youngest readers, extolling the many benefits of libraries. One of the loveliest was from E.B. White, author of...