Word: bondses
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The only problem: 3% may not sound like much, but it's huge -- about a third of the 9% annual return one might expect from the stock market over a typical decade, an even higher share of the return you might expect from bonds. (Some brokers even apply the 3...
In many ways, Wynn is a hybrid of the old and new Las Vegas. He came to Las Vegas at a time when banks like Thomas' relied for some of their deposits on the Mob-controlled Teamsters Central States Pension Fund. But Wynn was also one of the first Las...
He's right, and here's why. Aid to Israel comes in two forms. Of the $1.8 billion in military assistance, about 70% must be spent on U.S.-made equipment and weapons. "That's untouchable," says a senior State Department official. "It creates jobs in the U.S., which in case...
Stephanopoulos, a recent member of America's political and cultural elite, said Clinton will "be judged by the values and spirits of the country--how we go about building bonds of community." He has made a name for himself amongst Washingtonians as the sharp, thirtysomething assistant to the president.
Many Japanese agree: the "money politics" that they shrugged off when the country was prosperous seems unbearable in hard times. As a result, Shin Kanemaru, the most powerful behind-the-scenes manipulator in the Liberal Democratic Party during the past decade, could actually serve a jail sentence. He was forced...