Word: assets
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...movie-star son George has helped raise money, but could Nick Clooney's celebrity be as much a liability as an asset in the race for Kentucky's conservative Fourth District? "[It's] Hollywood vs. the Heartland," business consultant Geoff Davis bellows on the stump. The charge of being an outsider doesn't stick easily to former newscaster Clooney, whose family has lived in the area for five generations. But if Davis brands him as too liberal on social issues, Clooney may feel like an outsider come Election...
...Hickeys' tale is becoming a more common suburban phenomenon, experts say. It makes financial sense: parents get retirement income, and kids get an appreciating asset. "With real estate prices skyrocketing in the past 10 years, people's homes increasingly make up a significant portion of their retirement portfolios," says Dennis Belcher, past chairman of the section of real property, probate and trust law of the American Bar Association (A.B.A.). For the kids, it's a way, involving minimal risk, to get into a house that they might not otherwise be able to afford...
Russia's Discount Sale Now begins the endgame for Yukos, Russia's biggest oil producer. One year after authorities arrested founder Mikhail Khodorkovsky, the Kremlin is seeking to recoup at least $4 billion in taxes by forcibly selling the firm's main asset, Yuganskneftegaz, which controls vast Siberian oil fields. The subsidiary, which pumps 1 million bbl. of oil per day - about 60% of Yukos' output - has been valued by Dresdner Kleinwort Wasserstein at between $14.7 and $17.3 billion. Reports last week suggested the Kremlin might hand it to a Russian rival, Gazprom, for a fraction of that price...
Fucito has been an offensive force on the team all season whose attacking mindset has proved a crucial asset, but only lately has he really stepped up his play and started really putting balls...
...deter attacks unless the soldiers are equipped and paid for by the major powers, are given a mandate to protect civilians and are eventually reinforced by 10,000 additional troops from other nations. Yet amid all the talk of oil embargoes, travel bans and asset freezes, no statesman--not Powell and not Annan--has attempted to rally the money, troops and political cooperation needed for such a force...