Word: alonge
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...lousy idea, a financial flop, a rotten repository for our retirement reserves. In the past two years, that has become all too clear. From the end of 2007 to the end of March 2009, the average 401(k) balance fell 31%, according to Fidelity. The accounts have rebounded, along with the rest of the market, but that's little help for those who retired - or were forced to - during the recession. In a system in which one year's gains build on the next, the disaster of 2008 will dent retirement savings long after the recession ends...
...fame beyond his overcrowded freshman class lies in his lofty former positions as the chair of the Council of Economic Advisors to the Bush White House from 2003-2005 along with textbooks that have sold over one million copies and become the classroom standard. Though his duties in research and teaching keep him busy, Mankiw is uniquely known for maintaining an active online presence in the form...
...regular office hour attendee was Neeral A. Gandhi ’12, who says the professor inquired about post-college plans and Christmas vacations along with dispensing insights on the financial crisis. “He wasn’t just locked up in the ivory tower,” she says. “He had real world experience...
Nearly 20 years ago, the trimaran Great American capsized off the Cape of Good Hope. No one knew that 20 years after his rescue, the sole skipper of the Great American would not only succeed on an equally extensive and fatiguing expedition, but would set two milestones along...
...with uranium. But experts say it's hardly certain Venezuela even has much, if any, uranium to provide Iran or anyone else. Officials there have long estimated the country is sitting on 50,000 tons of the radioactive ore, concentrated mostly in western Venezuela and in the Roraima Basin along the country's southeastern border with Brazil and Guyana. (The U.S. has uranium reserves of about 340,000 tons.) It may be high grade, says James Otton, a uranium-resources specialist at the federal U.S. Geological Survey, a reference not to its quality but to the "tremendous quantities of uranium...