Word: bondses
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Indian views of America are not uniformly positive, of course. Many Indians are skeptical of American prodding on issues such as climate change and relations with Pakistan. They also fault the American market for the crash that brought down the global economy with it. Yet, as a whole, the people...
The value of Harvard’s publicly traded equity portfolio has nearly doubled in recent months as the University reinvests—particularly in emerging markets and in Asia—after dramatically slashing stock holdings last fall amidst the global financial crisis. According to a Securities and Exchange...
Steroids did not give McGwire, Sosa, Bonds, or any other pariahs the ability to hit major-league pitching. All but the most ardent moralists and car-radio screamers would grant that most of the now tarnished stars of baseball’s Juiced Era were skilled ballplayers even without the...
Natascha Kampusch's story is perhaps even more troubling. The Austrian girl was abducted at age 10 and held for eight years in a windowless cellar by her abductor, Wolfgang Priklopil. She ran away in August 2006. Yet upon learning that he had thrown himself in front of a train...
Deficits aren't always bad: excess government spending can help alleviate the pain of an economic downturn by encouraging business and curbing unemployment (this is the theory behind the New Deal and Obama's stimulus package). But that doesn't mean that deficits are good, either. The U.S. covers the...