Summary Opinion 2012-100, (October 16, 2012), sometimes all the Service needs is the smell test.
"We're seeing an increasing number of donations that don't pass the smell test, " Everson wrote.
In our earnings quality rating system, eight stocks scored high grades, ten got neutral grades and ten failed the smell test.
"Like any country woman, she did a smell test, " Steve Holland said.
There are also certain industries that are capped by their average annual receipts, which I believe is closer to passing the smell test.
Management felt selling such a basket of bad loans to an unwitting buyer didn't pass the "smell test" and they simply wouldn't do it.
The complex algorithms that gave AAA ratings to debts that should not have passed the smell test demonstrated all too well the futility of knowing too much.
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Although a rose by any other name may smell just as sweet, the new way of how we define government support to small businesses may not pass the smell test.
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But others simply do not pass the smell test.
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And that would not just fail the smell test.
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This rationale was having trouble passing the collective smell test, so Paulson added that the program would calm customers of money market funds who were beginning to panic and bank depositors who might also panic.
Finally, there is a smell test: If one is urged to borrow against this asset, or if the seller is heavily leveraged, and too demanding of a quick purchase, there is the risk that time can work against the buyer.
You go to the dealership, hop in the car, slam the doors, smell the leather and take a test drive.
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