Word: beare
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...sure I'm not the only one contemplating this question. Named after section 529 of the Internal Revenue Code, these plans can be a terrific tax-advantaged way to save for college, but many of these accounts have been seriously thwacked in the bear market. As of Feb. 28, half of 529 portfolios had one-year returns of -30%, and a third had returns of -40% or less, according to Morningstar, which tracks the performance of over 3,600 plan portfolios. In some cases, 529 investors may not have been well informed of the risks. On April 13, the state...
...career. The dean wanted to expose the students to someone with real-world finance experience at a time when the financial markets seemed more confused than ever. Chrin had just completed one of the most notable acquisitions of his career, advising his firm, JPMorgan Chase, on the purchase of Bear Stearns. In mid-January, Chrin called the dean to say he had found someone: himself...
...Regardless of how long it takes, the mere possibility of EPA action at least signals to the rest of the world that the U.S., after years of lagging, is finally moving to address global warming on a federal level. That could bear fruit at the U.N. climate-change summit at the end of the year. "Clearly, this demonstrates the U.S. is getting to work on climate change," says Emily Figdor, the federal global-warming program director for Environment America...
...often tried to retain the rights of indigenous people, you see it in Canadian bear hunting laws, you see it with bald eagle feathers here in the States, you see it with walrus and the Marine Mammal Protection Act. But people try to take advantage of that by hiring local people to poach for them. There's the case that I cover in Animal Investigators about the guy who was working with government officials in Brazil, who would illegally hire native Indians to poach the animals. They'd do grocery lists, it would be like, "I need 44 jaguar teeth...
...wealthiest university in the world should not be asking the lowest paid workers to bear the burden of the financial crisis,” said Lutjens, a former Service Employees International Union organizer and a current student at the Law School. [SEE CORRECTION BELOW...