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Around since 1993, fully taxable preferreds are also known as deferrable-debt hybrids. They pay a fixed rate over terms of 30 to 40 years and then return principal, akin to long-term bonds. Their dividends cannot be adjusted or canceled--only deferred for up to five years, by which time payments must resume or the company may be forced to liquidate. Traditional preferreds are truly stocks in that they do not expire and the dividends may be canceled or changed...
...proved, those simple times are over. Hundreds died in riots last month after a Nigerian journalist suggested the Prophet Muhammad might have approved of the pageant and maybe even found a wife among the contestants. The pageant was moved from Nigeria to London, and on Saturday Miss Turkey, Azra Akin, ended the whole nightmare by walking away with the tiara and $150,000 prize. Pageant co-host Sean Kanan, an actor from the U.S. soap The Bold and the Beautiful, made brief mention of the violence that preceded this outcome, saying, "Our thoughts go out to the families that suffered...
...Harvard so well, it’s only funny when Yale is the subject. I mean, seriously, making fun of any other opponent—be it Lehigh or even a fellow Ivy like Cornell—in the same manner as we make fun of Yale would be akin to boxing with a one-armed man. There’s just something inherently unfair and pointless...
...cancel his appearance is a two-fold affront to free speech: it both denies him the right to have an opinion—however controversial—and silences speech of his based on his personal opinions which are unrelated to that speech, akin to the blacklisting of the 1950s when screenwriters in Hollywood could not find work because of their supposed political affiliations. I only fear that at this point, what was intended to be a poetry reading will become a political fracas, and that those who want only to hear Paulin read a few of his poems will...
...clinging to a metal-frame sled weighing 200 lbs. After 1 min. 42 sec., she reached 561 ft., the deepest any human has ever dived on one breath of air. A spokesman for Mares, the diving-equipment manufacturer that sponsored the event, said the water pressure Mestre endured was "akin to having an NFL linebacker standing on every single square inch of her body." At this depth her lungs were compressed to the size of oranges, and her heart had slowed to fewer than 20 beats a minute. Mestre reached up to inflate the air bag--like an underwater balloon...