New systems need to deal with derivative markets.
It had profited by selling mortgage loans with derivative contracts that appreciated as the American housing market slumped.
That makes them a tempting sales opportunity for investment banks with derivative expertise.
Further, the formation of comparatives and superlatives with derivative affixes has been eliminated.
Garban, the money-broking operation spun off from Express owner United News & Media last year, will link with derivative specialist Intercapital in a deal worth £133m.
Is the television landscape, already littered with derivative shows, even more compromised if independent producers are unable to get provocative programs on the air?
"I've worked in the futures industry for a long time," said Richard Jaycobs, the president of Cantor Exchange, who has worked with derivative markets and the cotton exchange.
If this camp sees a place for stocks in a pension fund, it is only if they are hedged with derivative securities -- financial instruments that help protect against adverse price movements.
Under Mr. McCarthy's watchful eye, Mr. Peres has created an intriguing new beast: a sort of warts-and-all fashion magazine, with derivative whispers of Vanity Fair, Esquire and even the women's titles W and In Style.
The contradiction of Cayce's life is clear: the more she hunts down the increasingly rare "cool" things, the more she facilitates the process by which the original and artistic are diluted and the world becomes ever more cluttered with derivative forms that pollute the perceptual field.
Just three years ago that same spirit used to typify the Valley, and was the antithesis of Hollywood and New York media's obsession with derivative dreck.
