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Examples
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“Hey wrong-way Reuscher, I bet your old man is proud of you tonight!”
Chicken Soup for the Soul: Thanks Dad Jack Canfield 2011
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Premier has scrapped dividend payments and this summer revealed it had plunged into the red after making wrong-way bets on derivatives linked to its acquisition of RHM.
Premier Foods investors pile on pressure for asset sales to cut debts Richard Wachman 2010
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Underlying the wrong-way Lehman bet was Mr. Gross's belief—articulated in a July 2008 appearance on CNBC-TV and shared by many others—that there was "close to 100% probability" that Lehman would avoid failure.
Pimco Takes Bath on Lehman Mike Spector 2011
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Underlying the wrong-way Lehman bet was Mr. Gross's belief—articulated in a July 2008 appearance on CNBC-TV and shared by many others—that there was "close to 100% probability" that Lehman would avoid failure.
Pimco Takes Bath on Lehman Mike Spector 2011
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CNN: Attorney to seek wrong-way driver's exhumation
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Pilgrim's, which has 42,000 employees, was the largest casualty of a similar spike in animal-feed prices in 2008 that combined with wrong-way bets on derivatives contracts that left the company nursing a $1 billion full-year loss and pushed it into bankruptcy protection alongside a host of smaller producers.
Chicken Glut Humbles Pilgrim's Pride Ian Berry 2011
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“Hey wrong-way Reuscher, I bet your old man is proud of you tonight!”
Chicken Soup for the Soul: Thanks Dad Jack Canfield 2011
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During the housing downturn, AIGFP's wrong-way bets on mortgages sparked a liquidity crisis at AIG, leading to the insurer's record federal bailout in 2008.
AIG Profits in Wind-Down Serena Ng 2011
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Pilgrim's also indicated it made wrong-way bets on the price of corn, reporting $5.7 million in net mark-to-market losses in its derivatives portfolio as corn prices dropped sharply in late June after hitting a record high of nearly $8 a bushel early in that month.
Chicken Glut Humbles Pilgrim's Pride Ian Berry 2011
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The attorney for a man whose wife's wrong-way accident killed eight people on New York's Taconic Parkway in July says he will ask authorities to exhume her body in order to prove she wasn't drinking at the time of the accident.
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