Word: currented
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...holding only bonds that come due soon, which are less sensitive to changes in interest rates (but also have a lower yield than longer-dated bonds). He may ask FPA New Income's board for permission to increase the fund's limit on foreign bond holdings from its current 10%. And he has positive things to say about the inflation-indexed bonds that Treasury has issued since 1997, although he doesn't think they're a particularly good deal...
...make his point about health-care reform [Sept. 21]. Is his implication that white people lack "character" if they oppose legislation that may or may not disproportionately favor minorities? I am a reasonable American with a bunch of formal education and life experience, and I am opposed to the current plan solely because I do not believe there is a way to pay for it, either individually or collectively. Wait until you see the premium you will be charged to cover your pre-existing serious illness--and everyone else's--no matter what it costs. Simply legislating something doesn...
...market. Two years ago, the Germany-based Fairtrade Labelling Organizations International (FLO), which sets worldwide prices and standards, raised the minimum per-pound price of nonorganic coffee 9¢, to $1.35 (a dime of which goes to social programs like scholarships for growers' children). That's 15¢ higher than the current market rate. And yet, according to Fair Trade researcher Christopher Bacon of the University of California, Berkeley, the per-pound price that's needed for farmers to rise above subsistence is really more than $2. Farmer advocates are urging the FLO to consider raising the price that much. But because...
...failures in the financial sector took down the larger economy last year, many critics blamed the MBAs working at major financial firms for the current economic recession...
After spending 20 years as an executive at JP Morgan Chase, Rose saw the need to educate managers specifically in the field of finance. After the banking crisis began, Rose added cases on Citigroup and Lehman Brothers, whose collapse is widely viewed as a symbol of the current crisis...