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...capital losses. Consider selling the dogs in your portfolio by Dec. 31. You can use capital losses to offset capital gains, plus as much as $3,000 of ordinary income each year. Suggests Barbara Raasch, a partner at Ernst & Young: "If you have $10,000 of capital gains from mutual funds, look in your portfolio for losses of up to $13,000 and get a tax refund, in essence, by recognizing those losses and selling the security by the end of the year...

Author: /time Magazine | Title: Send Uncle Sam A Smaller Slice | 12/31/2001 | See Source »

...academy, the mayor continues to get reports that friends and colleagues of his have perished--including Barbara Olson, the wife of U.S. Solicitor General Ted Olson and an old friend of Giuliani...

Author: /time Magazine | Title: We're Under Attack | 12/31/2001 | See Source »

Such was the case for Tom Padgett, a lab technician at a subsidiary of energy-trader Enron. As Enron's high-flying stock dived from $90 to less than $1, his account balance fell from $650,000 to $11,000. Last week two Democratic Senators, Barbara Boxer of California and Jon Corzine of New Jersey, introduced a bill to limit 401(k) assets to no more than 20% in a single stock. Many plans have more than 50% in one stock; some, more than 80%. Workers everywhere are on notice that the risks are great for anyone with one large...

Author: /time Magazine | Title: Stumped By The Slump | 12/31/2001 | See Source »

...interesting," she says, adding that the twins like to comment on her appearance ("Mom, your hair moves as a unit!"). She has hinted that she might write a book about Barney the Scottish terrier if she could "get that $8 million advance or whatever it is." Asked what Barbara Bush thinks of her daughter-in-law's surpassing her in the polls, Laura pleaded, "Please don't tell...

Author: /time Magazine | Title: A Pillow Away From The President | 12/31/2001 | See Source »

...reactions, as reasonable as these reactions may seem at first. I can only pray that I may travel the path of peace, forgiveness and hope throughout these troubled times. I will fail miserably in this task without a rational and moderate religious perspective in my heart to guide me. BARBARA OZBURN Waterloo...

Author: /time Magazine | Title: Letters: Dec. 17, 2001 | 12/17/2001 | See Source »

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