Word: bankrupting
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...plan assiduously for retirement. Yet about a third of Americans bankrupt their families in the process of dying. Sometimes they don't want all the IVs and monitors and bills yet suffer them anyway. Even in 1997, 30 years after the first living will was written in the U.S. to prevent overtreatment, 1 in 10 dying Americans said in a survey that his wishes were ignored. Too often, in the words of the Rev. George Caldwell, who ministers to the dying in Virginia, people die in "the final, tiny, helpless cosmos of a hospital...
...drug benefit wouldn't go into effect as quickly as the Bush plan, with its immediate aid to states. And it might not provide enough to cover the drug bills of middle-income older people. The plan also wouldn't solve the long-term danger of Medicare's going bankrupt when the baby boomers reach retirement...
...Italianate mansion with her two preteen daughters. She is impatient with her old Republican friends who say she has moved to the left (those old categories again). "I have become radicalized, but it's not as though I'm suddenly praising the Democratic Party. Both parties are equally bankrupt, equally at fault...
...electric utilities--traditionally viewed as boring, safe investments more akin to bonds--have heated up this year, gaining around 5% in a choppy market. Warren Buffett and Bill Gates have made bets on the sector, investing in MidAmerican Energy and Avista, respectively. Stodgy, flat-footed utilities aren't going bankrupt, as predicted, but restructuring to tap the competitive markets. Given their background, though, it's not an easy switch. "These companies didn't consider themselves to have customers--they were called ratepayers," says Michael Egan, CFO of Peco Energy, the $5 billion Philadelphia-based giant that just merged with Unicom...
...year found that tobacco companies had engaged in "extreme and outrageous conduct" by selling a product it knew to be dangerous. The jurors are now considering damages. The tobacco companies are worried that the total bill could be as high as $300 billion. They have said the case could bankrupt them--a result even Scruggs and Moore would hate to see. "An unregulated black market in tobacco," Moore says, "would not be in the public interest...