Word: accounting
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...rated auto ABS bond pays a dividend these days of about 3.5%, or a return of $3.5 million on an investment of $100 million, as long as the bond doesn't go into default. That's actually not a terrible yield right now. Just ask anyone with a savings account. (See 5 reasons for economic optimism...
...McCain, Meghan • hilarious sentence-"My father Twitters every day about all the pork, and then just getting it on my Twitter account freaks me out"-is uttered by • on-air punditry career of is stillborn...
...Also known as "physic nut," the plant produces a green nut that is pressed and processed into a biofuel catching on in entrepreneurial green pockets of the world from Florida to Brazil to India, which has already earmarked 100 million acres for the plant and expects the oil to account for one-fifth its diesel consumption by 2011. (Watch TIME's video about biofuel tree farmers in action...
Though the first installment of this collaboration is a cover, The two undergrads plan to post more original content under Acuña's YouTube account, SeniorSpring. "Keep on the lookout for more films," says Acu?...
...Madoff said he was grateful for the chance to address the court. "As the years went by, I realized my risk and this day would inevitably come," he said. "I cannot adequately express how sorry I am for my crimes." Madoff explained that his Ponzi scheme, run through an account held by his investment-advisory business at the Chase Manhattan Bank, began during a "recession" in the early 1990s. He believed he would be able to extricate himself and his clients from the scheme with time - but couldn't. But while admitting that the investment-advisory half of his company...