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...advantage they can get these days. "In this era of unemployment, language skills are very much in vogue," says Scott Sweet, senior managing partner at IPO Boutique, a research firm. "It can open up so many more doors." Though Rosetta Stone software is expensive - the typical three-level program costs about $500 - it's still more cost-effective than the classroom, or extensive one-on-one tutoring...

Author: /time Magazine | Title: Rosetta Stone: Speaking Wall Street's Language | 4/25/2009 | See Source »

...like this rarely enjoy success over the long-term," Lemos wrote in an April research note. "There are many larger software companies with much greater financial, research and development, and marketing resources, and Rosetta Stone's recent success could draw these firms into the market." It probably wouldn't cost a Microsoft or Google all that much to teach a foreign language. If these companies joined the translation trade, arrevederci to Rosetta Stone's dominance...

Author: /time Magazine | Title: Rosetta Stone: Speaking Wall Street's Language | 4/25/2009 | See Source »

...Paulson pushed Lewis to betray a trust to his shareholders, his customers, and his employees. Bank of America has been on many of the lists of mortally ill banks which may have to be broken up or nationalized since the Merrill buyout. This, in and of itself, has cost the firm's shareholders billions of dollars. If B of A had walked away from Merrill and its problems, the bank would almost certainly have been considered a relatively safe operation which would not require government intervention to survive. (See pictures of America's devastated retail landscape...

Author: /time Magazine | Title: The Waterboarding Of Ken Lewis | 4/24/2009 | See Source »

...document a concrete change in circumstances - such as a layoff or a salary cut - have the best chance. But those who can't need not despair. Some applicants have successfully argued that aid officers overlooked a key piece of their financial picture the first time around, such as the cost of elder care, childcare, medical bills, rent or private secondary-school tuition. Officers also report that they have leeway to adjust aid packages if parents make the case that they are nearing retirement age and need to preserve more of their savings instead of exhausting them on college tuition. This...

Author: /time Magazine | Title: In Trying Times, Colleges Willing to Boost Financial-Aid | 4/24/2009 | See Source »

...high cost of caring for horses has sometimes led some owners to abandon their animals, to sell them to slaughterhouses or to attempts at fraud in order to collect insurance. But polo is a rich man's sport and Vargas certainly does not seem to have been hurting from the care and feeding of his steeds - or skimping on providing for them. His Lechuza Caracas polo team plays around the world, and he transports his stable of 60 ponies - estimated to cost about $100,000 each - on special jets...

Author: /time Magazine | Title: The Dead Polo Ponies and Their Millionaire Owner | 4/23/2009 | See Source »

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