For some time, I’ve been seeing and hearing the phrase due diligence and wondering exactly what it meant, though one could make a pretty good guess. Ron Sturgeon explains it in a new book, “Green Weenies and Due Diligence: Insider Business Jargon — Raw, Serious and Sometimes Funny.”
Of due diligence, he says, “In contracts, it’s the effort to verify information and to research the validity of documentation and material facts. It’s a required standard of care that a professional is expected to maintain.” Sounds like the kind of phrase the lawyers would insist on.
Sturgeon also explains come-to-Jesus-meeting, an expression often used by a publisher I once worked for: “A disciplinary or other meeting where bad news is announced or discussed. The jargon implies that some participants may cry, wring their hands and have soul-searching moments during the meeting. Of course, it also applies to a meeting with just one employee where performance is discussed.” This particular publisher was removed from office by the chain that owned the newspaper. After a come-to-Jesus meeting, I suppose.
“KATMANDU, Nepal — Police fired tear gas and beat protesters with batons Wednesday as 7,000 people poured into the center of the Nepalese capital in continuing pro-democracy rallies.
“It was the largest demonstration in 11 straight days of protests against King Gyanendra’s direct rule over this Himalayan kingdom.
“Protesters waived the flags of the political parties taking part in the march and chanted anti-government slogans.”
It’s probably a good thing they didn’t wave the flags. Might have incited the police to further violence.
The die is casted:
“Plamegate: Prosecutor casted wider net than previously known.” The past tense of cast is cast.
It’s Eureka Springs. It’s understandable:
An editorial cartoon in the Lovely County Citizen shows President Bush making excuses for the mismanagement of the hurricane disaster. The cartoon Bush says, among other things, “We couldn’t have known the dykes would break … ”
The school voucher bill to allow people to direct state income tax payments to a fund to pay for private school vouchers is to be amended substantially in part to cut down the potential cost to the state.
A House committee this morning approved legislation to exempt from public disclosure all records or other information "related to the operations, emergency procedure, and security personnel of the State Capitol Police." It's part of a raft of legislation aimed at crippling the Freedom of Information Act and all of it seems popular with the Republican majority.