Word: accountably
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...firm, it focused the blame on a single person, Andersen's Chicago-based lawyer Nancy Temple, who, according to the legalese, played the "corrupt persuader" who led others astray. Knowing the Securities and Exchange Commission was starting to scrutinize Enron's books, Temple told David Duncan, who supervised the account, to remove her name from a file memo that disagreed with Enron's characterization of a $1 billion loss as "non-recurring." Said prosecutor Andrew Weissman: "This is a perfect example of Arthur Andersen sanitizing the record so the SEC would have less information...
...such a mess that nothing else will be worth investing in either). And TIPS guarantee you can't lose money after inflation. They're no longer cheap but still yield up to 3.1 percentage points over the current inflation rate. Put them in your IRA or other retirement account, where their quirky tax features won't "drive you stark raving mad," as Loomis Sayles Bond Fund manager Daniel Fuss puts it. You can buy tips directly from the government, at www.publicdebt.treas.gov/sec/seciis.htm or in a fund from Vanguard or Pimco...
...taxable account, municipal bonds look good right now, says Vanguard's McKinnon. Low-cost muni funds are available from Vanguard, as well as from Fidelity, T. Rowe Price and USAA, with yields of 3% to 4%, tax free. McKinnon also likes REIT funds, which invest not in bonds but in the income-rich shares of real estate investment trusts. Vanguard's REIT fund yielded 5.3% last year; another economical choice, Cohen & Steers Realty Shares, yields...
...January, Simon & Schuster will publish, "The Nation at War: Inside the Bush White House" by Bob Woodward. Says the publisher, "Based on hundreds of interviews with officials in the White House and throughout the Administration, Woodward's account will provide the first in-depth behind-the-scenes story of the new, untested President and his advisors as they respond to the worst acts of terror on American soil in history, fight an entirely unprecedented war, and battle a faltering economy...
...January, Simon & Schuster will publish, "Going to the People" by Joseph and Hadassah Lieberman. According to their publisher, "there has never been such a frank account of the American way of running for national office...