Word: classe
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...middle segments of the market. Real wages are not rising and unemployment may reach 10% this year. Most of the people out of work will be those who earned between $25,000 and $75,000 a year, not the rich. Most homeowners are just that - regular middle class workers. People living on relatively fixed incomes usually do not have the resources to cover their daily expenses for a long time if they lose their jobs or suffer a drop in their earnings. The one thing of value that they had, their home, may currently be worth less than...
...graduated third in his HBS class two years later, according to The New York Times...
Seventy six percent of students offered a place in the College’s Class of 2013 have accepted, the Office of Admissions and Financial Aid told The Crimson on Wednesday in a preliminary release of admissions statistics. This number does not include students who have chosen to defer admission a year, nor does it include students who will later be admitted off the waitlist. Dean of Admissions William R. Fitzsimmons ’67 said this year’s yield could even rise slightly above last year’s 78 percent once waitlist spots are offered, attributing...
...Apparently, they're back on track. According to the Edmunds.com review, the new model of Chrysler's top van is "a bona-fide contender for the Best-in-Class sash." Which sounds good - but would the sash count under "receivables" in bankruptcy court? The 4-liter T & C is virtually identical to the Odyssey in fuel efficiency and emissions, which means I could pick up $3,500 for buying one. (See the most important cars of all time...
...giant Tata group, is poised to start building apartment-style homes priced from $7,800 to $13,400 in a township being planned at Bhoisar, an industrial suburb located 31 miles (50 km) north of Mumbai. Like the Nano, which was designed to bring some middle-class comforts to the masses, the homes are geared for the hundreds of millions of Indians making less than $5,000 a year who are unable to afford decent dwellings. "We have realized that there is an opportunity at the bottom of the pyramid," says Brotin Banerjee, CEO of Tata Housing Development. (Read "India...