Word: altmans
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...With reporting by Alex Altman / Washington...
...type of asset we need insurance for. We need insurance to protect against risks we can't predict (when the market collapses) and can't afford to recover from on our own. "People tend to meld savings and insurance in their mind, but they are not substitutes," says Nancy Altman, a former Harvard professor and the author of The Battle for Social Security. "It's fine to have a savings plan as a supplement but not as the main retirement protection for everyone." She says the best way to guarantee a replacement for people's wages in retirement...
...Altman is not alone. Teresa Ghilarducci, an economics professor at the New School, has proposed a plan in which the government would divert 5% of everyone's wages. In return, you would be guaranteed in retirement a check for 26% of your final salary every year until you died. Altman would also like to expand Social Security to pay an additional 20% of workers' final pay. It's unlikely Congress would go for that at the moment...
...Boston Criminal Lawyer Blog, thinks the report includes that detail in order to bolster the case that this altercation was playing out publicly. "It's as if he was saying, 'Look, he was really causing a disturbance,' " says Goldberg, a criminal defense attorney at the Cambridge-based firm of Altman & Altman...
...sorts of pepper is flying out of the postmortem-Michael rumor mill: that Jackson dermatologist Arnold Klein is the father of two of the children, that Rowe was only the surrogate mother of those kids. Even if any of this is true, says Scott Altman, a law professor at USC, "that's probably going to be irrelevant. In California, a child born during a marriage is strongly presumed to be the child of the husband and the wife. And if Rowe has been visiting pretty regularly - if they think of her as a mother and have an ongoing personal, intimate...